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August 31, 2015 3:10 PM ET

Commercial Services and Supplies

Company Overview of Q-Park N.V.

Company Overview

Q-Park N.V. designs, owns, operates, leases, and upgrades parking facilities. It provides parking services at targeted locations that include in or near multifunctional inner-city areas, public transport interchanges, and hospitals. The company offers paid and regulated parking solutions. It provides parking facilities in the Netherlands, Germany, Belgium, Great Britain, France, Ireland, Denmark, Sweden, Norway, and Finland. Q-Park N.V. was founded in 1998 and is based in Maastricht, the Netherlands.

Stationsplein 8-E

Maastricht,  6221 BT

Netherlands

Founded in 1998

Phone:

31 43 329 7171

Fax:

31 433 297 172

Key Executives for Q-Park N.V.

Chairman of The Executive Board and Chief Executive Officer
Age: 53
Chief Financial Officer
Chief Operating Officer and Member of Group Executive Board
Age: 54
Member of Executive Board
Age: 60
Corporate Director of Marketing
Compensation as of Fiscal Year 2015.

Q-Park N.V. Key Developments

The Q-Park Appoints Mr. Marcello Iacono as CFO as Per October 1, 2015

The Q-Park Supervisory Board appoints Mr. Marcello Iacono as CFO as per 1 October 2015. Mr. Iacono has broad experience in retail and is eager to work internationally again. His previous positions include CFO at PLUS Retail, Financial Director at Alliance Healthcare and BU Controller at Nutreco. In addition, as of 2013, he is member of the Supervisory Board of Spar.

Pricoa Mortgage Capital Provides EUR 240 Million of Financing to Q-Park

Pricoa Mortgage Capital has provided EUR 240 million of financing to Q-Park, secured against a portfolio of 13 Dutch structured parking facilities. The deal, which funded in October, represents Pricoa Mortgage Capital's second mortgage loan in continental Europe since launching its European business in 2012. Pricoa Mortgage Capital is among the largest commercial mortgage lenders in the US and is the commercial mortgage lending business of Prudential Financial, which is headquartered in the US. The EUR 240 million (USD 324 million) loan has a five-year term and is predominantly fixed rate, though it includes a small floating rate component. It follows Pricoa Mortgage Capital's first transaction in continental Europe in April 2013, when it provided EUR 55.5 million of a total EUR 70.5 million financing package secured against a portfolio of six Dutch logistics properties owned by W.P. Carey, a US-based publically traded REIT.

Similar Private Companies By Industry

Company Name Region
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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 17, 2014
Mahler Car Park
Merger/Acquisition
December 17, 2014
Q-Park NV, The Mahler Underground Car Park, In Amsterdam
 

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