Rubens buys Granite housing portfolio from Patrizia

Dutch investment and asset manager Rubens Capital Partners has acquired a portfolio of 182 homes in the Netherlands from Patrizia on behalf of one of its funds.

Rubens purchased the 'Granite' portfolio, comprising 21 residential complexes spread across the country, for €23.8 mln, according to information filed with the Dutch Land Registry. The portfolio breaks down into 49 single-family homes and 133 apartments and covers more than 16,000 m2.

Rubens received legal assistance for the deal from Core Notariaat. Patrizia, which sold the assets on behalf of an institutional investor, was advised by law firm Loyens & Loeff.

Rubens Capital Partners has more than €3.5 bn of assets under management.


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