Sold Acanthus for approx. € 124 mio.
NL real estate in association with Knight Frank have advised Credit Suisse on the sale of the Acanthus ING office building in Amsterdam South East. This landmark office asset is located in the core of Amsterdam’s South East.
The Acanthus building is 100% leased to ING comprising approx. 42,000 sq.m located at the heart of ING’s Amsterdam South East office campus. The asset was formerly held by Credit Suisse in the CS Euroreal Fund. Having originally acquired the asset by way of a sale and leaseback, the Fund recently re-geared the lease and undertook an upgrade program in conjunction with the tenant.