ING Real Estate has sold its property on Teleport Boulevard in the Sloterdijk business district of Amsterdam for an undisclosed amount. The office property has been sold to a joint venture between Akron and Curzon Global Partners. Teleport Boulevard offers a lettable floor area of nearly 10,000 m[sup]2[/sup] plus 77 underground parking spaces. The office space is primarily let by two parties, Stichting WRA Group, better known as Pantar Amsterdam, and Orangefield Trust.

ING Real Estate has sold its property on Teleport Boulevard in the Sloterdijk business district of Amsterdam for an undisclosed amount. The office property has been sold to a joint venture between Akron and Curzon Global Partners. Teleport Boulevard offers a lettable floor area of nearly 10,000 m2 plus 77 underground parking spaces. The office space is primarily let by two parties, Stichting WRA Group, better known as Pantar Amsterdam, and Orangefield Trust.

'We are pleased to have acquired the Teleport Boulevard property for our portfolio. It is part of a long-term position on the Dutch market and it emphasizes our expansion strategy in this sector,' Peter Ulm, managing director of Akron Management Nederland, said. CB Richard Ellis acted as advisor to ING Real Estate.