Deka Immobilien has acquired the NWO office complex in the centre of The Hague for about EUR 49 mln for its open-ended property fund, WestInvest InterSelect. The property comprises two buildings with a total lettable space of around 18,700 m[sup]2[/sup] and 233 parking spaces. The seller is ASR Property Fund, a subsidiary of insurance services provider ASR Nederland.
Deka Immobilien has acquired the NWO office complex in the centre of The Hague for about EUR 49 mln for its open-ended property fund, WestInvest InterSelect. The property comprises two buildings with a total lettable space of around 18,700 m2 and 233 parking spaces. The seller is ASR Property Fund, a subsidiary of insurance services provider ASR Nederland.
Law firm De Brauw Blackstone Westbroek advised Deka and Cushman & Wakefield in Amsterdam acted as intermediary between ASR and Deka.
The building complex was constructed in 2001 and 2005 and is fully let to long-term tenants. The national organisation for scientific research (NWO) is the main tenant.
