Icon Real Estate acquires Central Post Rotterdam
Most sustainable monumental redevelopment
Central Post, the redeveloped monumental office property of LSI Participations on Delftseplein in Rotterdam’s Central Business District, has been acquired for Icon Real Estate. Icon is the Victory Advisors backed prime and core office platform focused on the Benelux region. The former postal sorting centre has been redeveloped in 2009 into one of the most sustainable office buildings.The property is nearly fully let by long-term prominent tenants such as Basell, ProRail and De Persgroep.
For Icon, this was the first property acquisition in the Rotterdam office market: “We are very excited to launch our first project in Rotterdam. The Central Post building is of great architectural and historic value, and we are looking forward to continuing the great work that LSI has achieved on the property over the last 10 years”, says Icon.
Luc Smits of LSI: “We are very proud that Icon has acquired Central Post. It is a recognition to the unique values which Central Post represents.
The redevelopment has been the key to the transformation of the whole area along with the New Central Station. Together they represent two Icons of Rotterdam, which are in itself Icons of the rebuilding of the heart of Rotterdam. (Rotterdam Central District)
The process of the whole redevelopment of Central Post from the very first moment until the delivery to Icon spans over a period of almost ten years of dedication from myself and my team.
The contribution to the society and the recognition of Icon of the unique features of this building is an extremely satisfying feeling and with great pride we pass this beautiful monument over to the next caretaker of our Rotterdam heritage building Central Post.”
CBRE acted on behalf of LSI Participations. Rutgers Posch advised Icon Real Estate.
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.