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Primevest Capital Partners Acquires Multistory Car Park in Sheffield for Approx €11 Million
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Primevest appoints Peter Helfrich and Gaston Hupkens to the Board
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By IPE staff2021-01-25T14:44:00+00:00
Primevest Capital Partners has partnered with Vodafone Germany to roll-out fibre optic network in Hadamar, Germany.
Primevest said it will finance and build the infrastructure for around €20m and lease it back to telecom firm Vodafone.
The installation of the network, which will start later this year, will replace existing DSL systems.
Bas van Dongen, communication infrastructure partner at Primevest Capital Partners, said: “Germany is one of the world’s leading economies but lags behind other markets in the provision of superfast broadband connectivity, which acts as a drag on productivity, both privately and in business.
By IPE staff2021-01-22T11:28:00+00:00
Primevest Capital Partners has invested €20m to buy two purpose-built multi-storey car parks, a supermarket and commercial unit in Austria’s capital.
The manager said the Hauptbahnhof East 1&2 car parks in Vienna were acquired for the Primevest European Parking Fund IV from Rhomberg Bau.
Bas Magielse, fund manager of Primevest Capital Partners, said: “The traditional role of car parks as warehouses for vehicles is changing. They are emerging as ‘mobility hubs’, offering a wider range of uses and becoming increasingly integrated into the urban infrastructure landscape, as the availability of expensive on-street parking declines and metropolitan authorities move to restrict vehicle access to city centres.