DELA Real Estate sells Rokin 88-90 to Dreef Beheer

DELA Real Estate has sold a retail property with redevelopment potential in the centre of Amsterdam to Dreef Beheer. The property is located at Rokin 88-90 and has a total floor space of approximately 1,300 sq. m. spread across five floors. The ground floor is leased to ING. The other floors are currently vacant and are suitable for conversion. This transaction is part of a wider sales programme.

Lodewijk Buijs, Senior Director Capital Markets at CBRE: “This transaction shows that, despite Covid-19, there is a continued demand for properties in the main shopping areas of Amsterdam in cases where value can be added through redevelopment. We have observed a trend in which private investors with a long-term vision in particular are looking beyond Covid-19 and seizing the opportunity to acquire these types of properties in inner cities.”

The vendor was commercially represented by CBRE and received legal advice from Houthoff. The buyer received legal advice from Hartman LMH.

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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 and