Amsterdam,
25
August
2017
|
13:54
Europe/Amsterdam

Former Delft Council office building sold

The City of Delft has sold its former council office building at 16 Phoenixstraat to Belgian real-estate player Xior Student Housing N.V. The buyer specializes in student housing in Belgium and the Netherlands, and plans to transform the building into approximately 100 independent residential units for students from the Netherlands and abroad. The building became available for sale when the council offices moved to a new location near the railway station. The parties involved have chosen not to make the selling price known.

The building has a total floor space of approximately 3,400 sq.m., spread across five floors. It is located at 16 Phoenixstraat, on the edge of Delft’s city centre, within walking distance of the historic Markt Square as well as the city’s main railway station. The property, designed by the architect Jo Coenen, was built in 1986. Its characteristic postmodernist design is crowned by the round ‘drum’ at the centre of its roof. The planned redevelopment of public space in the area – aimed at creating a more pleasant living and working environment – is set to transform Phoenixstraat into a bustling boulevard with plenty of greenery.

CBRE’s Mid Cap team advised the City of Delft during this transaction, with BarentsKrans serving as a legal adviser to the City.

About CBRE

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2017 revenue). The company has more than 80,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers from more than 450 offices (excluding affiliates) worldwide. CBRE offers strategic advice and guidance in property sales and leasing; corporate services; property, facilities and project management; appraisal and valuation; development services; investment management; and research and consulting. Please visit our websites at www.cbre.nl and www.cbre.com.