ASR Real Estate has acquired a major office and laboratory asset at Leiden Bio Science Park in the Netherlands on behalf of its ASR Dutch Science Park Fund, for an undisclosed price. The seller is LCN Capital Partners.
The building is the European headquarters of Avery Dennison.
The fund already has buildings at the TU Delft Campus South, Biotech Campus Delft and Kennispark Twente in its portfolio. The ASR Dutch Science Park Fund has an exclusive partnership agreement with the three science parks to further develop the them.
Martin Kraaij, fund director of ASR Dutch Science Park Fund, said: “This acquisition is in line with our fund strategy to expand and diversify our portfolio to different science parks. Leiden Bio Science Park is one of the 19 science parks in the Netherlands where the fund wants to invest and was at the top of our wish list. The acquisition of this sustainable building is a great addition to our portfolio.”
The ASR Dutch Science Park Fund invests in commercially exploitable real estate at science parks in the Netherlands.
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