Maarsen Groep sells Prinsenhof office in Amsterdam
Maarsen Groep sold Prinsenhof in Amsterdam-West to Catella. The property will be added to the portfolio of the “Sarasin Sustainable Properties – European Cities” sustainability fund. The multi-tenant office building is located next to the World Fashion Center and in close vicinity to the A10 motorway and public transport hubs like Lelylaan metro station (Koningin Wilhelminaplein 30). Prinsenhof accommodates 6 tenants. The largest tenant is ICL Holding The Netherlands, a global fertilizing manufacturer that leases approximately 6,175 sq. m. The involved parties did not disclose a purchase price.
Prinsenhof consists of 8 floors with a total lettable floor area of approximately 8,800 sq. m. Tenants and visitors have access to an ancillary parking garage with 80 internal parking spaces and 18 outdoor visitor spaces. The high-quality building fits perfectly with the current trend for flexible workplace concepts due to the L-shape of the floors. The office building includes meeting rooms and lunch facilities where employees of ICL can enjoy their lunch.
Catella is a leading specialist in property investments, fund management and banking, operating in 13 European countries. The group manages assets of approx. EUR 16 billion and is listed on Nasdaq Stockholm in the Mid Cap segment. Catella was supported by NL Real Estate and DLA Piper during this transaction.
Maarsen Groep is a privately held real estate investment company with a strong focus on adding value to their portfolio, which includes (re)developing office buildings, offices, shops, housing and area development throughout The Netherlands. Maarsen Groep maintains active relationships with their tenants and stakeholders.
CBRE acted on behalf of Maarsen Groep with Loyens & Loeff providing legal advice.
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.