Dutch lender ABN Amro announced plans this week to sell its office headquarters in Amsterdam's Zuidas business district and redevelop its second main office in the Dutch capital into a ‘beyond Paris-proof’ landmark base for some 10,800 employees.
The headquarters at Gustav Mahlerlaan will be put up for sale in 2021 in a partial sale-and-leaseback transaction. This operation is expected to result in a book gain, the bank said. The asset is said to be valued at some €1 bn.
The redevelopment of the Foppingadreef office building near Amsterdam Bijlmer Station is scheduled to be completed by 2025, when it will become the primary hub for most ABN Amro employees.
Together with sustainable property developer Edge and the building’s original architect, BroekBakema, ABN Amro will transform the original 1980s office building into a state-of-the-art, environmentally sustainable workplace with 98,000 m2 of space. The new premises will use 75% less energy compared to the current building.
'We are very pleased to finally present the redevelopment plans for our base in Amsterdam Zuidoost and we hope to inspire many others with this icon of sustainable housing as we have done previously with our circular pavilion Circl. Moreover, the new "Foppingadreef" will be an inspirational new hub for most of our colleagues,’ said ABN Amro’s CEO Robert Swaak.
