Cromwell Property Group has sold two office buildings and one light industrial building in the Netherlands from a portfolio it manages on behalf of Goldman Sachs.
The real estate manager said it sold the assets in Houten from the Omikron portfolio to an unnamed buyer for an undisclosed sum.
The assets are the Meidoornkade 10 and Meidoornkade 12 three storey office buildings with a combined total area of 5,617sqm and the 6,263sqm Peppelkade 29 light industrial building.
Richard den Hartigh, head of asset management, Benelux at Cromwell Property Group in Europe, said: “Since acquiring the properties four years ago, Cromwell has completed several asset management initiatives which resulted in improvements in income.”
These included the refurbishment of the central entrance at Meidoornkade 12, which resulted in the signing of a new lease with OSN Nederland on 2,000sqm of space, Den Hartigh said.
“Furthermore two new leases were signed at Peppelkade 29.De Rooij Transport signed a lease for 4,359sqm space and OSN Nederland leases 1,904sqm.”
In December last year, Cromwell also sold four Dutch office buildings from the Omikron, Zenith and Artemis funds it manages on behalf of Goldman Sachs.