De Nederlandsche Bank (DNB) has sold its office at Sarphatistraat 1 in Amsterdam for a price believed to be in the €60 mln range, marking one of the largest office sales in the city this year.
The buyer has not been named, but is understood to be a well-known overseas firm which is not an active real estate investor but intends to occupy the property.
The building on the corner of Sarphatistraat / Frederiksplein was acquired by DNB in 1981 and, following refurbishment in 2015, has been used as a visitor centre and office by the firm. Located on an independent plot, the asset comprises 4,785 m2 of office space plus 575 m2 of other lettable space.
Due to pandemic protocols, the visitor centre is currently closed to the public.
DNB's 2015 revamp of the asset created a virtually energy-neutral building with an A++ EPC label, making it one of the most sustainable office buildings in the centre of Amsterdam.
The property sale is part of the bank's latest drive to rationalise its portfolio. Following the renovation of its head office at Frederikspark, DNB no longer needs the space at Sarphatistraat 1, but will continue to use the Cash Centrum in Zeist in parallel to its revamped HQ.
The bank said it would transfer the property by 10 December at the latest.
Jll represented the vendor, having launched a closed bidding process in August of this year. Appelhoven Vastgoedadviseurs acted on behalf of the buyer. Neither were available for comment. NautaDutilh advised on legal matters.
