Real I.S. AG has acquired the Moermanskkade 300 office building in Amsterdam’s Houthavens district for its REALISINVEST EUROPA open-ended real estate AIF for private investors in Germany.
The five-story office building was constructed in 2018 with around 5,000 square meters (54,000 square feet) of floor space and is currently let to six users. The seller was a private investor.
“Houthavens has established itself as a hub for the growing creative industry and has become a base for many media and design companies. With this acquisition, we are making sure that our investors can benefit from the development of this attractive Amsterdam submarket, which is well positioned to enjoy continued future growth,” said Axel Schulz, head of global investment management at Real I.S. AG.
“Having concluded this acquisition for our first open-ended product for private investors, we have taken the first step to implement our clearly defined investment strategy. The proper
