Monarch Alternative Capital LP and CK Capital Partners acquire Lotus C+E offices

Monarch Alternative Capital LP (“Monarch”) and CK Capital Partners (“CK”) are pleased to announce the acquisition of the Lotus C+E office buildings in Rotterdam, a leading city in the Netherlands. Monarch and CK are acquiring the assets from ARC Real Estate Partners on behalf of one of their Investors.

februari 19, 2020

Monarch Alternative Capital LP (“Monarch”) and CK Capital Partners (“CK”) are pleased to announce the acquisition of the Lotus C+E office buildings in Rotterdam, a leading city in the Netherlands. Monarch and CK are acquiring the assets from ARC Real Estate Partners on behalf of one of their Investors.

The office buildings, located at the George Hintzenweg 77 & 89 in Rotterdam, comprise a lettable floor area of 17,710 square meters and 466 parking spaces. The buildings were completed in 2008 and have a Label A energy efficiency rating.

With the acquisition of these two properties, Monarch has further expanded its growing real estate portfolio within the Netherlands. Monarch, together with CK as its local operating partner, operates a platform (“Monarch/CK”) that invests in well-located office assets near key transport hubs across the Netherlands. The platform seeks to partner with existing and new tenants to improve the infrastructure, energy efficiency and tenant experience of the assets it acquires. Since it was formed in 2014, the platform has acquired 10 buildings. It currently owns 6 buildings in various cities across the Netherlands including Amsterdam, Rotterdam and The Hague.

Monarch and CK Capital were advised by JLL and Loyens & Loeff. CK Capital Partners will be responsible for the ongoing asset management of the two buildings.

The seller and ARC Real Estate Partners were advised by Cushman and Wakefield and Taylor Wessing.

About JLL


JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of more than 93,000 as of September 30, 2019. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.

About Monarch Alternative Capital LP

Monarch Alternative Capital LP is a global investment firm founded in 2002 with approximately $5 billion in assets under management.  Monarch focuses primarily on opportunistic credit and distressed situations across corporate debt, real estate, special situations, and other parts of the credit markets.  Monarch has invested over $40 billion in its strategy while maintaining a consistent and repeatable approach.  While disciplined in approach, Monarch’s dynamic sourcing enables the firm to capitalize on overlooked and niche areas on a global basis.  Monarch draws on the skills and experience of 67 employees, including 25 investment professionals, across its offices in New York and London.

Monarch has a long and successful history of investing in opportunistic real estate focused on areas that leverage Monarch’s core tenets.  In addition to significant internal resources, Monarch has substantial relationships with operating partners and advisors that it works with to help create value.

For more information about Monarch, please visit www.monarchlp.com.

About CK Capital Partners

CK Capital Partners (CK) is a real estate investment company that specializes in the investment and strategic asset management of prominent office buildings across the Netherlands.

CK was founded in 2013 and is a joint investment partner in direct commercial real estate with large institutional investors and family offices. CK has a successful track record of investing with its partners in high quality office buildings.

CK Capital Partners is an affiliate of Cohen & Company Inc., a US financial company based in Philadelphia and New York with European subsidiaries in London, Dublin and Paris.

For more information about CK, please visit www.ckcapitalpartners.com.