PropertyEU

Vastned acquires Amsterdam office property

By A staff reporter 2007-05-14T00:00:00

Vastned Offices / Industrial has acquired the 'Parijs' multi-let office building, part of the Capital Center in the south-east of Amsterdam for EUR 9 mln from Oppenheim Kapitalanlagen Gesellschaft. The property's occupancy rate stands at 70%, giving a net initial yield of 4.6%. Vastned said the net initial yield will ...

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