Corum Asset Management acquires PwC’s Dutch headquarters Westgate I in Amsterdam
Corum Asset Management further expands their portfolio with the acquisition of Westgate I on behalf of its Corum Origin fund.
Westgate I serves as PwC’s Dutch headquarters together with the neighboring Westgate II office. Westgate I is located in Riekerpolder in Amsterdam and comprises over 28,000 sqm office space.
Erik Langens, Executive Director at CBRE, commented: ‘Now that long-term interest rates have begun to stabilize and yields have widened significantly, an increasing number of investors regard this period as an excellent entry period with attractive yields as evidenced with increased liquidity for Westgate I and for selected other transactions'.
The seller was advised by CBRE and Allen & Overy. Corum Asset Management was advised by DLA Piper and Arcadis.
Over CBRE
CBRE Group, Inc. (NYSE:CBRE), een Fortune 500- en S&P 500-bedrijf met het hoofdkantoor in Dallas, is 's werelds grootste advies- en beleggingsbureau voor commercieel vastgoed (in termen van de omzet in 2022). De organisatie heeft meer dan 115.000 medewerkers (exclusief Turner & Townsend medewerkers) en bedient klanten in meer dan 100 landen. CBRE biedt strategisch advies en begeleiding bij de aan- en verkoop en aan- en verhuur van vastgoed, corporate services, property-, facility en projectmanagement, taxaties, (her)ontwikkeling, investment management en research & consulting. Bezoek onze websites www.cbre.nl en www.cbre.com.