Aviva Investors has acquired Keizersgracht 119 – 121, an office property in the centre of Amsterdam, on behalf of one of its mandates. Offering 2,000m² of rental space, the building sits in the historic canal district, which is listed as a UNESCO World Heritage Site. It was comprehensively upgraded in 2019 and is let in its entirety to a prominent company. The purchase price was not disclosed.
Adrien Beuriot, Head of Asset Management Continental Europe, Aviva Investors, commented: “We have identified Amsterdam as a strategically important location for our Real Estate business, which follows an analysis of European office markets by our research team conducted earlier this year that identified what we believe are the best growth prospects. It is a renowned tech hub, whilst also being a highly liveable city. As a result, we expect it to continue attracting leading businesses and talent. More broadly, the Netherlands represents a growth market for Aviva Investors, with this purchase building on other recent transactions in the region. This deal is in line with our pan-European investment strategy and expects it to contribute to delivering strong long-term performance to our clients.”
