German lender Deutsche Hypo – Nord/LB Real Estate Finance has provided a loan to refinance an office building in Amsterdam acquired by Invesco Real Estate and Henley Investment Management in January this year.
The 5,270 m2 asset, located at Rembrandtplein in the historic centre of the Dutch capital, was acquired on behalf of Invesco’s European value-add strategy and funds managed by Henley. It was sold by funds managed by Abrdn.
Deutsche Hypo said it was providing a ‘double-digit million figure’ for the property, which Invesco and Henley purchased for €30 mln, according to information filed with the Dutch land registry.
The new owners plan to reposition the seven-storey building, known as Vector House and previously fully let to Booking.com, by making workplace upgrades and enhancing its sustainability credentials.
