Real I.S. has spent a total of approx. 57.1 million to acquire two of four buildings that form the Lotus office scheme in Rotterdam in the Netherlands.
The properties are located in the office submarket of Prins Willem Alexanderpolder, and are both fully let to ABB and Royal Haskoning Nederland, respectively, through mid-2021.
Each of the properties has a lettable office area of around 10,000 m², and a combined total of 355 parking spaces.
Real I.S. has earmarked the assets into its BGV II institutional investment fund. The purchase brings the number of Real I.S. commitments on the Dutch market up to a total of seven.
Source: Real I.S. AG