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Transactions - AUGUST 14, 2020

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Cromwell partners with Goldman Sachs on sustainable Amsterdam office building

by Released

Real estate investor and manager Cromwell Property Group is to manage and oversee the interests of Jacana BV for a new 24,078-square-meter (259,000-square-foot) office building with a parking garage, known as The Joan, in Amsterdam Overamstel.

Jacana BV is a special purpose vehicle of the Goldman Sachs Merchant Banking Division.

The building will be developed by Being, a new generation of developers focusing on creating highly sustainable projects. Award-winning design firm OZ also has been engaged. Construction is due to start in third quarter 2020, with completion expected in second quarter 2022.

Located in an upcoming area of Amsterdam along the A10, The Joan will be a modern eight-story office building targeting a BREEAM Excellent certification, comprising a multifunctional and creative ground floor, onsite facility restaurant, and lots of natural light and greenery in a sustainable and healthy business environment. The adjacent green parking garage will hav

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