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First Sponsor Group acquires 33% stake in company that owns Allianz Tower in Rotterdam for $7.6 mil

Felicia Tan
Felicia Tan • 3 min read
First Sponsor Group acquires 33% stake in company that owns Allianz Tower in Rotterdam for $7.6 mil
The group also acquired the company’s outstanding shareholder loans for $67.2 million.
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First Sponsor Group (SGX:ADN) has, through its indirect wholly-owned subsidiary, FS NL Holdings, acquired a 33% stake in the capital of Rotali B.V. The group was making the purchase along with Cobb Netherlands B.V., Maleny Netherlands, Robinvale Netherlands. All three companies are limited liability companies that were incorporated in the Netherlands.

The group has also acquired Rotali’s outstanding shareholder loans.

Rotali holds the legal and beneficial title to the Allianz Tower, an office building located at Coolsingel 120 in Rotterdam. It is a Grade A office space with a national credit rating of AAA and is located in the heart of Rotterdam’s central business district (CBD). The building is also located next to the Beurs metro station, just two stops away from the Rotterdam Central Station.

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