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Select Invest sells Businesspark Rhijnspoor

Select Invest has sold Businesspark Rhijnspoor located in Capelle aan den IJssel. The complex was developed and built by the seller at the end of the 90’s and kept under management ever since.   

The property sold concerns a representative business park located along the N210 through road and consists of a series of 18 office villas, a restaurant, and a large multi-tenant office building. The total lettable floor area amounts to 19,500 sqm and the complex benefits from 460 parking spaces. All individual buildings have energy labels ranging from label A++ to C, Select invest has invested in making two buildings all-electric. 

The business park currently has an occupancy rate of over 90% and facilitates more than 30 international and local tenants, active in many different businesses. Even throughout the crisis, the business park always maintained an occupancy rate of over 75%, outperforming other buildings in the area. 

Real estate adviser Colliers International advised Select Invest in this transaction. Pellicaan Advocaten provided legal advice to Select Invest.