Acting as arranger, Westdeutsche ImmobilienBank AG (WestImmo) is financing the purchase of an office building in the amount of 18 million.
Located in a well-established area in the city center of Zwolle, the financing is for a closed property fund of Hanzevast Capital N.V., a well-known provider of property and shipping funds.
The tenant is the Rijksgebouwendienst, the Dutch Goverment's real estate administration. The building, with a floor space of 15,300 m², is occupied by the Ministry of Economic Affairs and by SenterNovem, a federal agency for technology.
The nine-year-old building is in a good condition and meets the requirements of the Dutch Government. More investments in the next years will fulfill the increasing requirements of energy standards.