Rockspring Property Investment Managers LLP (Rockspring) has purchased Zuidpark, an office building in Amsterdam for €32 mln from a private investor on behalf of a separate account client.
Located near the South Axis office district at Spaklerweg 50, Zuidpark is within close proximity to Amsterdam Duivendrecht railway station and Schiphol airport. A complete refurbishment of the asset was undertaken in 2012, and it now offers over 15,000 m² of Grade A office space. Facilities include a large auditorium providing around 200 seats, a coffee shop, restaurant, and several terraces. In addition, the building has a unique 3,000 m² urban farm roof (the largest in Europe) and also has Europe's largest centre for recharging electric taxis, underpinning its green credentials.
Zuidpark is 100% let to a number of tenants including Makro, Yacht, Randstad, G & J publishers, Taxi E, and Emesa.
Jo De Clercq, Partner at Rockspring commented:
“The current attractive pricing in the Amsterdam office market combined with Zuidpark’s desirable location, Grade A specification, excellent tenant covenants and freehold ownership make this a strong acquisition for Rockspring."
Source: Rockspring
