Transactions - JULY 28, 2022

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Tristan fund, in partnership with Timeless Investments, debuts in Netherlands office sector

by Andrea Zander

Tristan Capital Partners’ EPISO 6 Fund, with its local partner Timeless Investments, has acquired the Siemens Netherlands headquarters located at Prinses Beatrixlaan in The Hague, Netherlands. The asset was acquired from Corporate Office Fund VII, a consortium of Rinkelberg Capital and Eikenbosch Holding.

The 29,065-square-meter (312,853-square-foot) asset consists of two interconnected buildings, each with their own entrance and highly divisible floorplates. The asset is situated within the CBD and within walking distance from the intercity train station Laan van NOI. The high-quality ESG accredited asset benefits from an energy label A, with the buildings being either LEED Gold or LEED Platinum certified. The business plan foresees to redevelop and further enhance the asset’s ESG performance.

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