Office Investment in the Netherlands
Acquisition of a diversified office portfolio of six properties of recent construction, comprising 45,344 sqm of rentable area, in established locations in the Randstad area of the Netherlands, which benefits from robust economic growth, strong office occupier demand and very limited new supply.
Implement an active asset management strategy:
- Improve the properties through targeted capital expenditures.
- Lease-up vacant space and re-gear roll-over space at reduced incentives and improved rental values as occupier markets continue to strengthen.