The Dutch division of office products company OCE has divested its headquarters in the city of Den Bosch to NW Office Fund I in a sale-and-leaseback transaction. The property provides a total lettable area of 10,630 m[sup]2[/sup] and was renovated in 2005. The financial details of the transaction were not disclosed.

The Dutch division of office products company OCE has divested its headquarters in the city of Den Bosch to NW Office Fund I in a sale-and-leaseback transaction. The property provides a total lettable area of 10,630 m2 and was renovated in 2005. The financial details of the transaction were not disclosed.

NW Office Fund I is an investment vehicle set up by a consortium of White Estate Investments and merchant bank NIBC. The fund intends to build up a real estate portfolio of between EUR 250-300 mln.

Asset manager White Estate Investments acted for NW Office Fund I. DTZ Zadelhoff advised OCE.