ING Real Estate sells four office buildings

ING Real Estate Investment Management has sold four office buildings on behalf of the ING Dutch Office Fund to Lansing Finance Corporation, an American investment fund, for the amount of over € 70 mln.

It concerns office buildings Buitenveste in Amsterdam, let to ABN Amro; the multi tenant building Bavinckstaete in Amstelveen; office building De Pelikaan in Hoofddorp, a building of which 4.500 m² is in use by Nationale Nederlanden; and an office building in Nieuwegein. This building, with a surface of 6.000 m² is let by Wegener Direct Marketing. The average period for which the buildings are let is approx. 5 years.

ING Real Estate was advised by Van Gool & Partners and Van Dijk & Ten Cate Vastgoedadviseurs. Rijsterborgh Makelaars advised the buyer together with Brada Kutner Advocaten with regard to legal en fiscal aspects.

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