Cushman & Wakefield has launched the online execution sale of a 200,000 m2 investment and redevelopment site in Amsterdam.
'Shipdock & Melissa Pier' will be put up for execution sale from 1pm CET on Thursday 12 October, solely online via the www.BOG-auctions.com website.
The site comprises the property under long-term lease known as Shipdock and the adjoining Melissa Pier on the north bank of the River IJ, close to the NDSM yard in Amsterdam.
Shipdock, which is situated at TT Vasumweg Nos 115 and 125-131, is a large-scale industrial estate comprising business space which is largely used as a repair yard for seagoing vessels. The site consists of a plot measuring 165,000 m2, four dry docks and 1,170 metres of mooring quays. The principal tenant of the site is Shipdock Holding, a subsidiary of Damen Shipyards Group.
Melissa Pier has a total land area of some 32,073 m2. About 410 metres long and over 13 metres wide, the pier comprising several mooring quays which are partly let as berths for ships.
According to Cushman & Wakefield, the Shipdock has substantial redevelopment prospects, largely due to the numerous development projects currently being executed in the immediate vicinity, including that of the former NDSM yard and the Houthavens site on the opposite bank of the IJ. It offers prospective purchasers the opportunity to develop a 'highly attractive, lively urban area, comprising a combination of residential, commercial, educational, retail and leisure facilities', the property advisor said.
