Weverskade Real Estate has acquired the distinctive property at Nieuwemarkt 1 in Rotterdam from the Municipality of Rotterdam. The building, known as the former Municipal Museum, is a recognizable landmark in the city and holds significant cultural and historical value. The property has been leased long‑term to Erasmus University Rotterdam.
“With the acquisition of Nieuwemarkt 1, Weverskade demonstrates its strategy of investing in unique, sustainable, and value‑retaining assets in central locations. This transaction represents a stable investment for Weverskade in a prominent location in the city center,” says Marcel Knoester, Managing Director at Weverskade.
“The building is situated in one of the most vibrant areas of the city center, near the Binnenrotte, the Meent, and the Markthal. We are proud to have been able to purchase this iconic building from the Municipality of Rotterdam and add it to our portfolio,” says Vincent Steijn, Investment Director at Weverskade. “With Erasmus University as the tenant, the property has a solid occupancy and its societal significance remains firmly anchored in the city.”
MADE Real Estate acted as advisor to Weverskade Real Estate in the transaction. The Municipality of Rotterdam was commercially advised by BRiQ.
