Brokerage

Kruidenier Property mediates when purchasing or selling recreational commercial property. We have overseen dozens of transactions in this niche sector.

Examples include:

• Camp sites
• Bungalow parks
• Marinas
• Golf courses
• Zoos
• Theme parks
•  Swimming, sports and wellness centres

The above types of companies can include hotels, restaurants and other catering facilities.

If you wish to sell your company, please contact us to discuss your full range of options and opportunities. We operate across the entire width of this market sector, including consultancy, property negotiations and valuations. Over time we have built up considerable knowledge in this field. Our experience in valuation underpins our expertise, allowing us to oversee purchasing and selling procedures with authority.

Doing business

There is much more to selling your company than just the decision to sell. We can help you with all the business aspects and together we can draw up an action plan. Excellent preparation is vital. We will discuss the options for selling company shares or an assets/liabilities transaction with you and your accountant.

We assist with auction processes and transactions requiring specialist knowledge of the sector as well as drawing up contracts in acquisition processes. Good examples include assets/liabilities and shares transactions.

Do you have recreational commercial property to sell?

Or are you involved in a transaction or financing process?

Contact Kruidenier Recreational Property and Valuation for specialist advice and support.

The estate agent as gatekeeper

You may have noticed that we have started to ask you many questions. The reason for this is that on 25 July 2018, the government introduced the role of gatekeeper to estate agents. This job used to be largely limited to banks. This has resulted in various changes and responsibilities for both you and us.

Why do we ask the questions we ask?
Based on the Dutch Money Laundering and Terrorist Financing (Prevention) Act, we now have a duty to identify our clients and verify their identity. In other words: we have to be certain who it is we intend to do business with. For you as a business client, we are also required to map out your entire company structure and research and pinpoint who the UBOs (Ultimate Beneficial Owners) are within an organisation.

We also register where you live, where your company is located and/or where the UBOs live. In addition we need to know the sector in which you operate and the products and/or services you offer. Why? Certain countries have a heightened risk profile for money laundering and/or financing terrorist activities. Certain business sectors are associated with a greater risk of money laundering and financing terrorist activities.

Why question the source of the money?
The process is still not complete, as we will need to know how you intend to finance your purchase. Where does the money come from? This question may raise a few eyebrows. However, we are obliged to research the source of the money intended for your purchase. Why? Because current legislation requires us to ensure that the purchase is not a front for a money laundering exercise. We are also obliged to perform client research into any other parties involved in the purchase or sale.

Once we have completed our research prior to a purchase or sale we will have met with our obligations set out in the Dutch Money Laundering and Terrorist Financing (Prevention) Act.

MOT
We are also obliged to report any suspect or (intended) unusual transaction to the Dutch FIU (Financial Intelligence Unit). For example, this could happen if you are unable to offer a reasonable account about the origin of the money.

We understand that client research requires viewing privacy-sensitive data. However, legislation demands this and estate agents have no option but to comply. Any request for this data will not breach the GDPR.

If you have any questions, feel free to contact us.