Holland Immo Group, a provider of closed-end real estate investment funds for private and institutional investors and family offices, has sold Parking Fund Nederland IV to Telios RE Infrastructure for Mobility Fund for €22.5 million ($24 million).
Parking Fund Nederland IV consists of two car parks with a total of 691 parking spaces. The fund is aimed at institutional and professional investors and expects to invest more than €150 million ($159 million) of equity by 2024.
The first car park, Q-Park Enschede, is one of the largest car parks in Enschede, located in the city center and easily accessible from the A35 highway, which has a direct connection with Germany. The car park is situated in the vicinity of the main inner-city shopping area, city hall, numerous restaurants, Holland Casino and Media Markt.
The other park, Q-Park Boston & Seattle, is located in the city center of Rotterdam and is easily accessible from the A16 highway. Several well-known
