Bouwinvest Real Estate Investment Management has bought an office development in the Netherlands for its office fund.
The €10.5bn Dutch property investor’s Office Fund has acquired the yet to be built 28,000sqm Central Park office building in Utrecht from a joint venture between AFP International and Angelo Gordon. Financial details were undisclosed.
Bas Jochims, director office and hotel investments at Bouwinvest, said: “The office fund focuses on sustainable multi-tenant buildings that are easily accessible by public transport and car in the four major Dutch cities, whilst pursuing a well-balanced asset allocation strategy. Utrecht’s Central Park meets all these conditions.”
Wiggert Karreman, the managing director at APF International, said: “Central Park is situated in the middle of Utrecht’s Central Business District and we are enthusiastically contributing to the city’s long-term green and sustainable vision for its centre, values which Bouwinvest strongly shares.”
