Den Haag,
18
December
2020
|
16:41
Europe/Amsterdam

Buysse & Partners acquires Zilveren Toren The Hague

Buysse & Partners Smart Assets (BPSA), the real estate division of the investment group Buysse & Partners, has bought the Zilveren Toren in Beatrixkwartier The Hague from a German fund.

The iconic Zilveren Toren office building, located on the Prinses Beatrixlaan, comprises approximately 30,000 m² across twenty floors. It is currently fully let to MN Services, one of the largest pension providers in the Netherlands, with a long-term lease. The property value of the building hovers around 100 million euros.

The office building was built in 1968 and the property served as the HQ of Nationale Nederlanden (NN Group) and afterwards ING Investment Management. The Zilveren Toren has strong similarities with the BP Tower in Antwerp (also in the Buysse & Partners portfolio). Both buildings are developed in the same period and the same ‘zeitgeist’, with specific attention to how natural light illuminates large spaces—ideal for office environments.

The seller was advised by CBRE in this transaction. Buysse & Partners Smart Assets was assisted by Adelaer and Laurius.

About CBRE

CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our websites at www.cbre.nl and www.cbre.com.