In the second half of 2019, Amsterdam-based Orange Investment Managers acquired three parking garages for its various managed funds in Heerlen, Utrecht, and Eindhoven. The total investment volume amounts to approximately €70 million. The parking garage in Eindhoven is still in the construction phase and will be completed after the summer.
“Car parks are a niche market in Europe and that requires focus. We are therefore very pleased to have been able to acquire these parking garages for our network”, says director Michiel Gerritsen. “With our expanded team, we expect to be able to sustainably maintain and further expand our growth of the past year in 2020. Our investment criteria can be found on our new website.
Orange Investment Managers is a leading specialist investment manager with a focus on parking real estate and invests throughout Europe. Currently, Orange IM manages parking garages in 6 countries (the Netherlands, England, Ireland, Germany, Italy, and Denmark).
Orange Investment Managers is an international boutique investment servicer for institutional investors with a strong focus on car park investments and infrastructure.
With our knowledge and network, we are committed to serving our clients, always maintaining the highest professional standards. A devoted team of experts provides investment management services throughout Europe, operating from offices located in Amsterdam and Düsseldorf.