Valad Europe, part of Cromwell Property Group, a global real estate investment manager, has sold seven office assets totalling 43,761m² in the Netherlands.
Three of the assets comprising Pettelaarpark 80 - 89 and Europalaan 30 in Den Bosch and Stationsplein 1 - 37 in Amersfoort were sold from the Dutch Offices I & II portfolio, which Valad Europe was appointed to manage in 2013.
Rivium Quadrant 1 and Rivium Westlaan 8 in Capelle aan den Ijssel, De Bijster in Breda and Van Godewijckstraat 17 – 27 in Dordrecht were sold from the Omikron portfolio, which Valad Europe was appointed to asset manage by Hummingbird in 2015.
Mark McLaughlin, Valad Europe’s Head of Benelux, commented: “These sales follow the completion of our business plans for the assets which included a mixture of repositioning of the buildings and reduction in vacant space. Particular highlights included fully letting the 5,471m² De Bijster building and refurbishment of parts of the Stationsplein building.”
Agents acting on behalf of Valad included Savills for the Dutch Offices assets, Skyline Vastgoed for two of the Omikron assets and Vander Sande Van Opstal Bedrijfsmakelaars for the other Omikron asset.
Valad Europe manages €3.7bn of real estate assets under management across its 26 funds and mandates in Europe.
