Swift support for Van der Valk hotel expansionCorporate News -
Van der Valk, the highly successful Dutch hospitality chain, is present at more than 65 locations across the Netherlands and in 15 other countries. As part of its ongoing expansion, the business had been looking to open a new hotel on the A2 highway, but had been unable to find a suitable location, until its attention was drawn to a vacant office block.
However, to purchase the property and redevelop it into a 132-room Van der Valk Hotel, the company would have to secure the necessary funding within just four weeks to prevent another party from acquiring the building.
Thanks to our strong and longstanding relationship with Van der Valk, we were able to provide a EUR 14 million facility in record time.
We assisted our long term entrepreneurial client at their most decisive moment. We structured, internally approved and documented the facility before the required deadline, allowing Van der Valk to secure the property and realise its plans.
Van der Valk is now focused on refurbishing the property and is on track to open the new hotel by the end of 2016.
“The hospitality-feeling was there at NIBC. The team acted quickly and adequately with their proposal and execution. This drive is what you need as an entrepreneur.” - Harry Heinrichs, Van der Valk family member.