LaSalle Investment Management has acquired the Groot Willemsplein office property in Rotterdam, reliable sources told PropertyEU.
LaSalle Investment Management has acquired the Groot Willemsplein office property in Rotterdam, reliable sources told PropertyEU.
The asset is a 12,000 m2 office on Willemsplein which LaSalle IM bought on behalf of its E-Regi fund. The price is put at €36 mln, reflecting a yield of around 6%.
The asset is let to several tenants including Joulz, Mendix, Grant Thornton and Chemgas. Delivered in 2012, it boasts a Breeam 'Very Good' environmental rating. It includes 70 parking spaces.
E-Regi has the status of a German KVG open-ended fund which invests in core properties across Europe. The fund focuses on assets in the top one-third of locations in LaSalle’s European Regional Economic Growth Index.
The October edition of PropertyEU Magazine features an in-depth report on the Dutch market.
