Equity Estate Property Fund Management renews lease contracts for 16,200 m² in Schiphol-Rijk (NL)

Equity Estate Property Fund Management BV (part of Equity Estate) announces today the signing of a new, long-term lease contract with Ricoh Europe (Netherlands) BV for a property located at Schiphol-Rijk.

This new lease contract concerns some 12,600 m² logistics and 1,100 m² of office space located at the Koolhovenlaan 35, and an office building of 2,500 m² situated at the Koolhovenlaan 45. The property is owned by one of its funds, AB CPFM Real Estate Holding.

Ricoh has been leasing the property since 1998 and the running 15-year lease contract would mature next year. As a result of the preliminary negotiations, Equity Estate Property Fund Management BV succeeded in securing Ricoh as a tenant for a long-term period.

On behalf of Ricoh, Solved acted as their independent housing advisor during the negotiations with Equity Estate Property Fund Management BV. AB CPFM Real Estate Holding is one of the joint ventures with Arab Bank and consists of 12 properties, logistics and offices, located in the Netherlands, Germany and Belgium.

The management of the fund is performed by Equity Estate Property Fund Management BV (a 100% owned company of Equity Estate BV) that already announced earlier this year, the signing of a new 16-year lease contract with Staples Nederland BV in Almere for some 25,500 m². This property is part of the other joint venture with Arab Bank, the AB CPFM Europroperty Fund.

Source: Equity Estate

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