Hamburg-based Nordcapital Real Estate has acquired the Dutch headquarters of Pricewaterhousecoopers. The investment volume is believed to be almost EUR 100 mln.
Hamburg-based Nordcapital Real Estate has acquired the Dutch headquarters of Pricewaterhousecoopers. The investment volume is believed to be almost EUR 100 mln.
The vendor of the Westgate II property in Amsterdam is Dutch developer Lips Capital Group.
Westgate II comprises 30,000-m2 of leaseable area and is let on a long-term lease to PwC. The building opened in March this year. Nordcapital Real Estate is contributing the property to its 12th closed end fund that will be placed in the fourth quarter of this year.
Jones Lang LaSalle acted for Lips in the transaction. Nordcapital was advised by Stephan Makelaars.
