Auction of tenancy laws for petrol stations

For a number of years, we were commissioned by the Netherlands Central Government Real Estate Agency (RVOB) to supervise the auction of petrol stations along national roads. Marijn Snijders acted as auctioneer.

Our approach

RVOB provided all the details of the locations to be sold. We analysed and structured these details and then compiled a bidding book per location as well as opening a digital data room. At the start of the sales process, we maintained contact with acquisition candidates, providing them with sales information. We supervised the entire process, including viewings of the locations. We also drew up creditworthiness reports of participants who wished to take part in the auction and submitted an advice to RVOB. We supervised the ultimate auction together with a lawyer.

The result

We supervised the auction for several years. In 2013, this concerned the auction of six petrol stations, for which maximum proceeds totalling EUR 25 million were achieved.

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