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ROCKSPRING PAYS €90M FOR FOZ BUILDING

Zuidas - Rockspring Property Investment Managers has

purchased the FOZ office building on Gustav Mahlerlaan

from MCAP Global Finance, a British subsidiar y of New

York-based Marathon Asset Management. A purchase

sum of €89.6 million was registered with the Land

Registr y Office. Delivered in 2009, the FOZ building

was designed by Foreign Office Architects and has

approximately 10,300 m² in office floor space and 2,

m² for general facilities.

KROONENBERG TO DEVELOP 250-UNIT

RESIDENTIAL COMPLEX

Zuidas - Kroonenberg Groep has announced plans to develop a

residential complex on Buitenveldertselaan in Amsterdam. With

around 250 apartments ranging from 45 m² to 130 m², of which

40% in the mid-rent sector and 60% in the non-subsidized

sector, the two-tower complex will be linked by a plaza. This

plaza was designed by garden architect Piet Oudolf, whose

previous projects include the High Line park in Manhattan. The

ground floor will use around 500 m² for commercial activities.

18 •

PROPERTY

HOURGLASS GROUNDBREAKING CELEBRATED ON 19 OCTOBER 2017

Zuidas - In October 2017, construction of the new Hourglass building started on

Parnassusweg in Zuidas. Named for its distinctive shape, the 80-metre tall tower

has been designed the architecture firm Dam & Partners. The Hourglass will

accommodate a mixture of functions, including offices and a hotel, and is being

developed by SAX Vastgoed V.O.F. - a partnership of Maarsen Groep and Zadelhoff. It

has been acquired by Bouwinvest - the offices by the Bouwinvest Dutch Institutional

Office Fund and the hotel by the Bouwinvest Dutch Institutional Hotel Fund. The

building’s office floorage totals around 21,000 m²., Loyens & Loeff’s Amsterdam office

will be leasing the lion’s share of approximately 15,500 m².

AM WINS TENDER FOR MULTIFUNCTIONAL NEW-BUILD NEAR RAI

Zuidas - For development of the first section of the strip along the A10 motorway’s

RAI exit, the City of Amsterdam has opted for AM’s innovative, multifunctional

concept, which combines residential, office and business functions in a flexible

design called Crossover. Plans are to create 10,000 m² in rental housing (246 units),

including 6,000 m² for social housing (156 units), ten homes for first-time buyers to

total 600 m² GFA, and approximately 5,500 m² GFA for offices. At street level, 600 m² is

slated for social initiatives and 550 m² for restaurants.

Source: PropertyNL.com
Every edition of Hello Zuidas magazine features property news related to the Zuidas district,
Amsterdam or the Netherlands. Send your property news to: [email protected].

AMSTERDAM RANKS AMONG TOP 10 MOST POPULAR REAL ESTATE CITIES

Zuidas - Amsterdam has been ranked among Europe’s top 10 cities for real estate investment and development prospects in 2018.

Investors enthuse especially over the office market upsurge, the flourishing tech sector and pleasant living environment. This was the

conclusion drawn by the Urban Land Institute and PwC in their publication Emerging Trends in Real Estate Europe 2018, which is based

on a combination of inter views and a sur vey of over 800 international real estate investors, developers, lenders and other professionals.

In this latest ranking, Amsterdam has moved up one rung to a solid tenth place. According to the report, office vacancies in the Dutch

capital have plummeted to less than 10%, while rental availability is virtually zero in areas like Zuidas. Driven in part by rising rental

earnings, net returns in the office market (yield compression) dipped to almost 4% during 2017. Source: http://www.accountant.nl