Multi Corporation and M.O.S, a Haarlem-based company known as Mother Of Space, have acquired a 13,000-square-meter (139,931-square-foot) office building in the Dutch city of Alphen aan den Rijn.
The principal tenant in the asset is Wolters Kluwer, while a second block accommodates a number of additional tenants and is fully leased. In the long-term, there is scope to reposition the building by converting it into a new scheme with about 250 residential units.
“We now have a number of compelling repositioning schemes across our portfolio, building on Multi’s strong track record for building and developing attractive sites across Europe,” said Elmar Schoonbrood, co-CEO of Multi Corporation. “Our end-to-end capabilities, from leasing and asset management through to repositioning and development, really set us apart, and means that we can deliver complex schemes in-house from start to finish. This is a really interesting transaction, as this asset continues to trade