Valad Europe has acquired the 22,778 m2 Victoria office building in Rotterdam from CBRE Global Investors.
Valad Europe has acquired the 22,778 m2 Victoria office building in Rotterdam from CBRE Global Investors.
The acquisition was made on behalf of the Valad Netherlands Diversified Partnership (VNDP). The investment volume was not disclosed.
Victoria comprises two 10-storey buildings providing a total of 22,778 m2 of office space and 478 parking spaces. Built in 2008 and designed by architect Marcel van der Schalk, the complex is located at Fascinatio Boulevard on the A16 motorway. Tenants include KPMG, Meijburg & Co, Refresco, Pointlogic and Towers Watson.
Mark McLaughlin, Valad Europe’s head of Benelux, commented: 'Victoria is an excellent addition to the VNDP portfolio and follows our recent acquisition of Haagse Poort (in The Hague). This transaction brings the total investment volume for VNDP to almost €300 mln and we are still looking for good quality assets that match our strategy.'
De Mik Bedrijfshuisvesting acted for Valad Europe on the purchase, while CBRE Global Investors was advised by CBRE, JLL and DTZ Zadelhoff.
Valad Europe manages €5.3 bn of real estate assets and investment capacity across its 27 funds and mandates in Europe. In the Benelux region it manages €700 mln of real estate assets, comprising approximately 100 assets and 700 tenants, managed by its local team in Amsterdam.
