Loyens & Loeff advised NorthStar REIM and Ares Management on the acquisition of a portfolio of six residential properties located throughout the Netherlands. The properties comprise 434 units including complexes in Rotterdam, Zoetermeer, Dordrecht and Arnhem.
Northstar and Ares jointly pursue a residential investment strategy focused on existing housing portfolios, as well as new developments in major conurbations across the Netherlands. The assets were acquired from Holland Immo Group and have previously been converted from office to residential use.