Haagse Poort sold to Valad Europe
Valad Europe, the leading diversified real estate investment manager, has acquired the 68,500 sq m Haagse Poort office building in The Hague, Netherlands, on behalf of its Valad Netherlands Diversified Partnership (VNDP). This is the largest single office transaction in the Netherlands to date this year.
Haagse Poort comprises 68,500 sq m of high quality office space divided between 18 high rise floors and seven low rise floors, as well as 1,000 parking spaces. It underwent an extensive refurbishment in 2013-14. Haagse Poort is built over the A12, the main motorway into The Hague, and consequently is easily accessible by car and via the public transport network. It is currently almost fully let, with the major tenants comprising Nationale-Nederlanden and CB&I.
BNP Paribas RE / Nadorp Investment Services, advised Valad Europe on the purchase. CBRE acted on behalf of the vendor.
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.