New Star buys office building in the Netherlands

By A staff reporter 2007-08-23T00:00:00+01:00

New Star International Property OEIC, on behalf of one of its funds, has acquired the Acapella office building in Hoofddorp, the Netherlands, from LSI Project Investment. The acquisition price comes to EUR 24 mln. The building comprises some 6,911 m[sup]2[/sup] of office space on five floors as well as 166 parking spaces. Property advisor Appelhoven acted for LSI Project Investment while CB Richard Ellis advised New Star.

New Star International Property OEIC, on behalf of one of its funds, has acquired the Acapella office building in Hoofddorp, the Netherlands, from LSI Project Investment. The acquisition price comes to EUR 24 mln. The building comprises some 6,911 m² of office space on five floors as well as 166 parking spaces. Property advisor Appelhoven acted for LSI Project Investment while CB Richard Ellis advised New Star.