German fund manager Real IS has bought the Toren op Zuid tower in Rotterdam. The financial details were not disclosed. The vendor was Commerz Real Investment.
German fund manager Real IS has bought the Toren op Zuid tower in Rotterdam. The financial details were not disclosed. The vendor was Commerz Real Investment.
The 20,000-m2 office building was designed by architect Renzo Piano and is occupied on a long-term lease by Dutch telecoms group KPN.
Property adviser Van Gool Elburg Vastgoedspecialisten and law firm Houthoff Buruma. advised the vendor Savills and law firm Loyens & Loeff acted for Real IS.