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Sign in Sign up for a FREE subscriptionKorean investors acquire Amsterdam asset
Hamburg-based Warburg-HIH Invest Real Estate (Warburg-HIH Invest) advised a syndicate of Korean investors Hana Alternative Asset Management and NH Investment & Securities on the acquisition of EDGE Amsterdam West property development from EDGE Technologies via a forward-funding-deal.
Financial terms were not disclosed.
“The transaction justifies our strategy to acquire high-end properties through forward-funding deals on behalf of our clients,” said Matthias Brodesser, head of transaction management international at Warburg-HIH Invest, which advised the Korean firms on the acquisition. “The Amsterdam office market has developed very strongly, in terms of both tenant demand as well as ren