Cromwell Property sells Dutch office portfolio

Cromwell Property sells Dutch office portfolio

Cromwell Property Group has sold four office buildings in the Netherlands from funds it manages on behalf of Goldman Sachs. The assets totalling 25,417m² of lettable space were sold from the Omikron, Zenith and Artemis portfolios. The sales prices were not disclosed.

 

In Rotterdam, Cromwell sold the 5,867m² Alexandrium office building to Van Ettekoven Holding. The 5,530m² Overschiestraat 59 office building in Amsterdam was sold to Lianeo Real Estate. The office building at the Verheeskade 25 in Den Haag of 12,265m² was sold to Marie Simon and the Boris Pasternaklaan 12-20 in Zoetermeer, an office building of 1,755m² was sold to Van der Kooy Vastgoed.

 

Richard den Hartigh, Head of asset management, Benelux, commented: “We selectively refurbished parts of two of the buildings to make them more attractive to new occupiers resulting in more than 3,795m² of new leases and 10,156m² of renewals.”

 

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