Delta Lloyd sells office portfolio for 229 million
Delta Lloyd has sold its office portfolio to a group of investors led by First Sponsor Group Limited from Singapore. It concerns sixteen office buildings at prime locations in the Netherlands. A couple of these offices are in use by Delta Lloyd itself, such as the Mondriaantoren in Amsterdam. Delta Lloyd continues to rent these buildings. The portfolio is sold for approximately 226 million Euros. aan Tower.
Delta Lloyd has been advised by CBRE and Loyens & Loeff in this transaction. DTZ Zadelhoff supported First Sponsor Group, in cooperation with legal advisor Nauta Dutilh.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 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 website at www.cbre.com.