GaragePark is the market leader in the rapidly growing real estate segment of garage parks with garage boxes in the Netherlands. By 2024, GaragePark aims to have over 50 garage parks with more than 5,000 garage boxes, offering multifunctional storage space that can also be used for work. These boxes and parks are highly secure, accessible 24/7, and centrally located, with additional facilities including a postal address for each box and sanitary space, all managed by a dedicated park manager. The company caters to the increasing demand from small businesses, providing multifunctional small-scale business spaces for purchase or rental, addressing the needs of diverse industries such as construction, installation, painting, e-commerce, catering, landscaping, and others.
For investors, GaragePark offers solid and low-maintenance real estate investments with an attractive gross initial yield of 8% and a positive long-term value development expectation. The company also simplifies the management of these investments and facilitates rental services for investors. With its comprehensive concept, GaragePark presents an opportunity for investors to diversify their portfolios easily within a relatively straightforward operational framework. Founded in 2007, GaragePark operates within the financial services, prop tech, real estate, and CRM and sales industries. Currently, details about the company's last investment and investors are not accessible.
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