KCN Tower and KCN Life in Nieuwegein
ER Capital is pleased to inform you of a new investment opportunity within our portfolio: a Second Mortgage Financing for the office buildings KCN Tower and KCN Life in Nieuwegein.
This opportunity offers a combination of stability, a target return of 9%*, and solid underlying value, supported by two well-let commercial properties.
Key Characteristics of the Property
The buildings are located on the KCN office park, which forms part of the De Poort van Nieuwegein area. The office park comprises four office buildings as well as a fire and ambulance station. In addition, the park features a large-scale parking facility, part of which is jointly owned by KCN Life. The parking garage is wholly owned by KCN Tower.
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Two multi-tenant office buildings: KCN Tower and KCN Life
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12,031 sq m of office space (KCN Tower)
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2,458 sq m of office space (KCN Life)
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415 on-site parking spaces
Over the past decade, the office market in Nieuwegein has undergone a clear transformation. Where vacancy was previously a challenge, the market now demonstrates stable and healthy growth. This creates an excellent opportunity for ER Capital and its investors. Through active and professional management, employing a hands-on approach focused on leasing, operations and sustainability, the value growth of the assets can be optimally driven.
Key Highlights at a Glance
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Interest: 9% per annum*
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Security: Second-ranking mortgage
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Total investment: €3,500,000
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Term: 7 years + 1 month
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LTV range: 60–80%
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Minimum investment: €100,000
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Location: KCN Tower & KCN Life, Nieuwegein
Would you like to know more? Please contact us on +31 (0)10 288 14 46 or click the button below to schedule an appointment.
How to Participate
Would you like to participate? Send us an email by using the contact button below. One of our advisers will then contact you promptly to guide you through the next steps in the procedure.
Second-ranking mortgage *
Your investment is secured by a second-ranking mortgage over both properties. The transaction results in an estimated equity surplus of approximately €7 million. The second-ranking mortgage provides security for your investment. The 9% Real Estate Financing holds a security position with a loan-to-value (LTV) ratio of 60–80%.
How to Participate
Would you like to participate? Send us an email by using the contact button below. One of our advisers will then contact you promptly to guide you through the next steps in the procedure.
KCN: Investing in commercial real-estate with a 9%* return
More information
For any questions regarding ER Capital’s strategy and portfolio, please contact us at info@ercapital.nlor by telephone on +31 (0)10 288 14 46.
General information on supervision and the licensing structure can be found in the AFM register and on www.ercapital.nl
*Forecasts and security arrangements do not guarantee future results. Due to the subordinated position of a second-ranking mortgage, repayment is dependent on the value development of the property and the ranking of the security interests.
** Please note that this offer is not directed at, and should not be construed as an offer or invitation to, citizens or residents of countries outside the European Union, including – but not limited to – the United States, the United Kingdom, Canada, and Switzerland.
ER Capital makes no representation that this offer or the information provided complies with the laws or regulations of any jurisdiction outside the EU. Individuals accessing this information from outside the EU are solely responsible for ensuring that they are permitted to do so and that participation in such a proposition is legally permissible in their jurisdiction.
