Europa Immobiliare No. 1 acquires Gateway Center Amstelveen (NL/DE/IT)

Europa Immobiliare No. 1 acquired the Gateway Center Amstelveen office building for €43 mln from Commerz Grundbesitz Investment (CGI).

Gateway Center Amstelveen consists of office space with a total GLA of approximately 15.450 m². The office building is leased to Fortis Bank Nederland. The transaction takes place at a gross initial yield of 7%.

Europa Immobiliare is an Italian real estate investement trust kept by Vegagest. The officebuildings located at Prof. Bavincklaan 1-3 are leased by Fortis Nederland. The buyer has been advised by Savills, the seller has been advised by Van Gool Elburg Vastgoedspecialisten.

Source: Van Gool Elburg Vastgoedspecialisten

Gateway Center, Amstelveen.

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