A foreign institutional fund managed by Dutch investment manager Rubens Capital Partners has bought the Rivierstaete office complex in Amsterdam.
The seller was Vastint Netherlands.
This transaction is the largest single-asset deal of 2018 in the Netherlands.
The complex of 30,000 square meters (320,000 square feet) includes 330 parking spaces and has recently been completely renovated.
The building is ideally located on the banks of the River Amstel, within walking distance of Amsterdam Amstel railway and metro station and a five-minute drive from the A10 and A2 motorways. Rivierstaete is fully leased to several tenants including WPP, a global advertising and PR company, as well as tech company Messagebird and Regus.
