Acquired on behalf of TH Real Estate "The Warehouse" building in Amsterdam for c. € 50 mio.
TH Real Estate has acquired ‘The Warehouse’, a prime office asset located in the heart of Amsterdam’s city centre, from a joint venture between Angelo Gordon and APF International for c.€ 50 mio, on an off-market basis. With a full refurbishment completed in July 2017 with Peak development as delegated developer, the five-story property offers a rentable floor area of 68,071 sq ft (6,324 sq m). It is fully let to Oracle Nederland BV.
The Warehouse is located in an increasingly popular location amongst occupiers. It is situated 1km from Amsterdam Central Station and less than 25 minutes from the airport via car and public transport. Rated BREEAM ‘very good’, it includes 41 outside car parking spaces in addition to 274 cycle spaces.
TH Real Estate has been advised by NL real estate | Knight Frank during the entire commercial process.