SEB ImmoInvest buys KPN building for EUR 91m

By A staff reporter 2007-05-25T00:00:00+01:00

SEB ImmoInvest has acquired a 22,000 m[sup]2[/sup] office development in the Sloterdijk district of Amsterdam for EUR 91 mln from the developer OVG Projectontwikkeling. Dutch telecom company KPN is to rent the entire building and will move its staff from offices in Amsterdam and Harlem there when it is completed in 2009. SEB said the telecom company has a 10-year lease with an option for an extension of the lease.

SEB ImmoInvest has acquired a 22,000 m² office development in the Sloterdijk district of Amsterdam for EUR 91 mln from the developer OVG Projectontwikkeling. Dutch telecom company KPN is to rent the entire building and will move its staff from offices in Amsterdam and Harlem there when it is completed in 2009. SEB said the telecom company has a 10-year lease with an option for an extension of the lease.