NEWS FROM THE CVO GROUP

NEWS ARCHIVE

July 2014

NL - LaSalle Investment Management acquires Jodenbreestraat 5 in Amsterdam

LaSalle Investment Management (LIM) acquired the real estate property Jodenbreestraat 5 in Amsterdam. The CVO Group supported the investor with (technical) due diligence services in the pre-acquisition phase.

LIM was acting on behalf of one of its managed funds.

 

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The mixed-use property with a total of approx. 17.211 m² LFA office space and retail units with a total of approx. 4.037 m² LFA is located at the corner of the Jodenbreestraat and the Valkenburgerstraat, near the city hall and the Waterlooplein, in the Amsterdam city centre. Its parking garage has about 228 parking spaces.

 

Besides by the CVO Group the investor was assisted by Loyens & Loeff and Savills.

 

- Based on an article by Vastgoedmarkt of July 2014 -

July 2014

ES – GLL Real Estate refurbishes Recoletos 4 in Madrid

GLL Real Estate Partners (GLL) is carrying out the full refurbishment of the so called “Recoletos 4” historical office building in Madrid. The Spanish team of the CVO Group is supporting GLL with project management services.

 

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The single tenant use office building comprises 5 floors with in total approx. 3.700 m² LFA and 21 parking spaces. It was built at the end of the 19th century in neoclassic style and is located in Paseo de Recoletos 4 in the CBD of Madrid.

 

The works are being certified under a BREEAM Very Good scheme, achieving a B level EPC rating.

Works are expected to be completed by early 2015.

 

- Based on publications at www.receletos4.com -

July 2014

NL - Blackstone acquires part of PwC's Dutch HQ in Amsterdam

Blackstone acquired one of the buildings of PwC’s Dutch HQ in Amsterdam The CVO Group supported the investor with technical due diligence services.

Blackstone acted for and on behalf of Castor Westgate BV.

 

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The so called “Westgate 1” office building with in total approx. 26.418 m² LFA and about 237 parking spaces is part of the Westgate complex. It is located in Riekerpolder in the New-West administrative region of Amsterdam.

The property’s construction was completed in 2002 and at present it is fully let to PricewaterhouseCoopers BV.

 

Besides by the CVO Group the investor was assisted by Loyens & Loeff and Deloitte.

 

- Based on an article by PropertyNL of July 2014 -

July 2014

NL - Den Haag Fonds GmbH & Co. sells the OPCW HQ in The Hague

Den Haag Fonds GmbH & Co. sells the OPCW HQ office building in The Hague. The CVO Group supported the vendor with technical (vendor) due diligence services. The property was acquired by CK Capital Partners BV en Monarch Alternative Capital LP.

 

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The office building with approx. 16.734 m² LFA and related parking spaces is located at the Johan de Wittlaan 32 in The Hague.

The property was completed in 1997 and at present it is fully let to the Organisation for the Prohibition of Chemical Weapons (OPCW).

 

Besides by the CVO Group the vendor was assisted by NL Real Estate and Allen & Overy.

 

- Based on an article by Vastgoedmarkt of July 2014 -