Aviva Investors, the global asset management business of Aviva, has acquired a highly sustainable office building located in the heart of Amsterdam’s central business district for an undisclosed amount.
The building, known as Zuiderhof II, offers exceptional sustainability credentials with an Energy Label Rating of A and BREEAM In-Use certification of ‘Excellent’. Heat storage systems help to support sustainable heating and cooling of the building, alongside heat pump and dry coolers for regeneration. It also holds the Well Gold building standard.
In all, the building provides 17,600 m2 of Grade-A office space spread over eight floors, with open and flexible floorplates ranging between 2,000 and 3,400 m2. Occupiers also benefit from on-site restaurant facilities.
It is the third significant acquisition by Aviva Investors in Amsterdam’s Zuidas, Central Business District, in 2022, following its purchase of the highly sustainable FOZ building in the middle of the district in March and The Vondel Portfolio in April, comprising of eight office assets in April. The transaction builds on approximately €600 mln of pan-European real estate deals completed by Aviva Investors in the first half of 2022.
George Fraser-Harding, head of European Funds, Real Estate, at Aviva Investors, commented: ‘We are pleased to complete this deal, continuing the proactive growth our European real estate portfolio in 2022, and to have increased our presence in the South Axis, one of Europe’s most dynamic and exciting office markets. Not only does Zuiderhof II meet our requirements for high-quality assets we believe can provide good long-term income streams, its enviable sustainability credentials position it well within our ambitious climate transition strategy.’
Aviva Investors was advised by NL real estate Knight Frank and DLA Piper. The seller was advised by JLL and Loyens & Loeff.
