Cording Real Estate Group has acquired an office building in Amsterdam for its Benelux Commercial Real Estate Fund. The property comprises a double canal house situated at Singel 236 and Herengracht 205. It is located in the heart of the canal district, close to the Dam square. The office building is fully let to two IT-related companies. The total lettable floor area amounts approximately 5,000m² and there is an underground parking garage, which is unique for an inner-city location within Amsterdam. The purchase price was not disclosed.
Rene de Heus, Head of Investment: “Because of the international character the city centre of Amsterdam has an unique business climate. Through this acquisition, we strategically expand our portfolio in order to provide suitable office space for the top segment now, and in the future.”
