Working with Equity Estate is a real pleasure. This company has a good sense of management and keeps its promises and deadlines.

Thierry Devresse, General Manager, KYOCERA Document Solutions Belgium

SIGI signs lease for 3,000 sqm office space in Luxembourg

July 12, 2018

Equity Estate has successfully closed a lease agreement with Le Syndicat Intercommunal de Gestion Informatique (SIGI) for approximately 3.000 sq.m LFA office space and 93 parking spaces. The building is located on the Rue Edmond Reuter 11 in Contern (Luxembourg) and comprises approximately 3.000 sq.m LFA office space and approximately 2,300 sq.m. LFA of warehouse space. The remaining warehouse space is leased out to International Electronics & Engineering (IEE) and therefore the property is fully leased out.

Le Syndicat Intercommunal de Gestion Informatique (SIGI) was established in Luxembourg about 36 years ago. SIGI is a public organization and is the IT partner for 101 municipalities in Luxembourg. In this transaction the owner was advised by Equity Estate and letting broker Inowai.

Santander Consumer Finance Benelux signs lease in Le Mirage in Utrecht

July 10, 2018

HighBrook Investors signed a lease agreement with Santander Consumer Finance Benelux for the lease of approximately 3,500 sq.m of office space and 72 parking spaces in office building Le Mirage at Vliegend Hertlaan 15-97 in Utrecht. Le Mirage will be the new national headquarters for Santander Consumer Finance Benelux.
Santander Consumer Finance Benelux is a leading consumer finance company that is entirely owned by Santander Group, one of the largest financial institutions in the world.

Le Mirage is a sustainable and high quality office building. The special shape and height of the office building make it one of most significant office buildings in Utrecht.

In this transaction HighBrook Investors was advised by Equity Estate and Van Gool Elburg Vastgoedspecialisten, ABN Amro, departing tenant was advised by JLL. Santander Consumer Finance Benelux has been advised by Cresa Nederland. Equity Estate is asset manager for Le Mirage of HighBrook Investors. CBRE is responsible for the lease of Le Mirage with Ans de Wijn.

Equity Estate signs 10-year lease with Jugendhilfezentrum Johannesstift (Germany)

July 10, 2018

Equity Estate has successfully leased out the last vacancy in the office building located at the Kreuzberger Ring 7b-d in Wiesbaden, Germany. With this transaction, the occupancy of the building has increased to 100% coming from 90%. This implies that the total building, measuring 9,947 m² together with 207 parking spaces is now fully leased again. The last transation was realised with new tenant Jugendhilfezentrum Johannesstift GmbH on a 10-year lease agreement starting 1 October 2018.

Jugendhilfezentrum Johannesstift GmbH was already established in 1907 and employs over 100 people. They are active in the field of profesionnal training, social educational aid and operate a private school with a focus on emotional and social development.

Joris Bal joins Equity Estate

June 27, 2018

Equity Estate has appointed Joris Bal (40) as Legal Counsel. Joris has over 15 years of experience in the legal and real estate industry. He previously worked at Van Doorne NV (2007-2017) and Trip Advocaten & Notarissen BV (2002-2007). At Equity Estate Joris will service partners with all legal issues that arise in acquisitions and dispositions, asset management, (re-)financing, etc.

Equity Estate is a real estate (company) manager with a focus on office and industrial/logistics real estate in the Benelux and Germany. Over the past two years the portfolio has grown to over EUR 500mio of assets under management. Equity Estate is co-investor in most acquisitions. The latest acquisitions were the Blaak 16 building in Rotterdam (March 2018) and the NWO-building in The Hague (November 2017).

Maandag® Interim Professionals chooses Quarter Plaza

June 08, 2018

HighBrook Investors signed a lease agreement with Maandag® Interim Professionals for the lease of approximately 2,175 sq.m of office space and 48 parking spaces in office building Quarter Plaza at Transformatorweg 74-104 in Amsterdam Sloterdijk. Quarter Plaza will be the new international headquarters for Maandag.

Quarter Plaza is part of the new, high-quality work, live & play concept Quarter Offices that has been rolled out within three office buildings in Sloterdijk in Amsterdam. All three buildings have been fully renovated to improve its quality and functionality and to create a 'work, meet & relax lifespace'. The service concept in Quarter Offices is available to all users regardless the office in which they reside. In Quarter Plaza, comprising a total of approximately 11,000 sq.m, approximately 5,500 sq.m. is currently available.

Quarter Plaza optimally fits Monday® Interim Professionals’ ambitions and growth strategy. Maandag will open new branch offices in 2018 in several cities in the Netherlands. Additionally, Maandag has a number of branche offices in Germany, Belgium and Poland.

In this transaction HighBrook Investors was advised by Equity Estate and Van Gool Elburg Vastgoedspecialisten, Maandag® Interim Professionals has been advised by Parc Makelaars. Equity Estate is asset manager of the Quarter Offices portfolio of HightBrook Investors and is also based in Quarter Plaza in Sloterdijk. Van Gool Elburg Real Estate Specialists is responsible for the lease of Quarter Plaza with Savills.

HighBrook Investors opens ‘Quarter Offices’ in Amsterdam

May 31, 2018

On 31 May 2018, HighBrook Investors officially opens Quarter Offices, a new, high quality work, live & play concept currently being rolled out in three office locations comprising a total of 26,150 sq.m in the Sloterdijk area in Amsterdam:

• Quarter Plaza, Transformatorweg 74-118, available approx. 5,500 sq.m (total building size approx. 11,000 sq.m);
• Quarter Podium, Gatwickstraat 9-39, available approx. 3,000 sq.m (total building size approx. 7,700 sq.m);
• Quarter Avenue, Condensatorweg 54, available approx. 7,000 sq.m. (total building size approx. 7,500 sq.m).

All three properties underwent significant full building renovations creating enhanced quality, functionality and a work, meet & relax lifespace. All offices offer top notch working environments for occupiers varying from corporates to small businesses, start-ups and individual flexworkers. Services are available to all tenants regardless the office in which they reside and vary from business & meeting centers, restaurant concepts and food courts, bike share and travel support, bootcamps and workshops to parcel storage, roomservice and many more controlled and administered through the Quarter Offices app.

HighBrook Investors’ approach to Quarter Offices is based on an extensive Asset Management plan adding significant value to the properties through revitilasation, modern workplace concepts, integrated hard (technical) and soft (hospitality) property management & facility services as well as a pro-active marketing and leasing strategy. For the execution of the Asset Management plan, HighBrook Investors instructed the following partners:
• Equity Estate as their overall asset managers for Quarter Offices
• DZAP architects for the exterior revitalisation and interior design and realisation of all three offices;
• D&B The Facility Group in combination with JLL for the implementation of InCharge: an integrated overall hospitality, facility services and property management concept;
• JLL, Savills, Spring Real Estate, Cushman & Wakefield and Van Gool Elburg for agency leasing.

All Quarter Offices are located in the Sloterdijk district, an upcoming work, shop and live area that has become home to major media, tech and creative companies. The area is favourably situated in relation to recreational areas like the Westerpark and De Bretten nature reserve. It also boasts excellent accessibility by road and rail to City Center Amsterdam and Schiphol Airport. After years of relative stagnation, Sloterdijk Centre has attracted major occupiers like Booking.com and Netflix and is now being transformed into a varied urban area generating renewed dynamism.

Highbrook Investors acquires Le Mirage in Utrecht

April 11, 2018

Highbrook Investors acquires Le Mirage in Utrecht from Rockspring Property Investment Managers LLP

The so-called building ‘Le Mirage’ is located at the Vliegend Hertlaan 15-97 in Utrecht, on the corner of the Europalaan and the Beneluxlaan.

This high-quality, sustainable office building is a landmark in Utrecht. Spread over 21 floors, the building comprises 18,500 sqm of office space and there are 325 spaces in the parking garage.

In this transaction Rockspring has been advised by CBRE and KPMG, and legally assisted by Loyens & Loeff.

Van Gool Elburg Vastgoedspecialisten, Houthoff and Equity Estate have acted as advisers to HighBrook Investors. Equity Estate is responsible for the asset management of Le Mirage.

BLUE HORIZON INVESTORS acquires BLAAK16 in Rotterdam

March 26, 2018

BLUE HORIZON INVESTORS acquires office building BLAAK16 in Rotterdam

Amsterdam, 26 March 2018 – BLAAK16 is located in Rotterdam’s CBD, less than 100 meters from the iconic Markthal and right across the street from the NS-station Rotterdam Blaak.

The building has been completely redeveloped into a state of the art, sustainable office building (BREEAM Excellent). The renovation of the office building was completed in Q4 2017. The multi-tenant office building measures approx. 14,375 sqm over 11 stories. On the top floor there is a terrace with a splendid view over the Rotterdam Skyline. The parking garage offers over 150 places. Up to 90% of the available space at BLAAK16 has been leased to 7 different tenants. The largest tenants are Credit Exchange B.V., Portbase and Ocean Network Express. The third floor comprised of approx. 1,500 sqm is currently available for leasing.  

Cairn Real Estate and Kadans Vastgoed were represented in the deal by CMS, PwC and Cushman & Wakefield. Blue Horizon, a Strategic Real Estate Investment Group with a strong European focus, was advised by White & Case, Loyens & Loeff, and KPMG. Equity Estate will carry out the asset management and corporate services, as Blue Horizon's local partner.

Five new lease agreements signed in ‘Quarter Plaza’

February 21, 2018

HighBrook Investors, a New York based real estate private equity firm, has signed five new lease agreements in multi-tenant office building Quarter Plaza at Transformatorweg 74-118 in Amsterdam Sloterdijk. New tenants in this approximately 11,000 sq. m. building are Equity Estate, Realmark OSRE Group, Epex Spot, 24i Media and The Next Ad. Quarter Plaza is part of HighBrooks’ Quarter Offices portfolio, a new, high quality work, live & play concept currently being rolled out in three office locations in Amsterdam Sloterdijk. HighBrook acquired the office building formerly known as De West, in December 2016 and full building renovations were completed last December.

Equity Estate, a boutique practice for asset management and management services acting as overall asset manager for HighBrooks’ Quarter Offices portfolio, signed a lease agreement for approx 400 sq. m. on the ground floor. Realmark OSRE Group, a real estate marketing company, signed for approximately 1,500 sq. m. office space. Epex Spot, a European Energy Exchange company, signed for approximately 900 sq. m. office space. Software company 24i Media signed for approx. 750 sq.m. office space and social advertising company The Next Ad signed for approx. 715 sq. m. office space.

Quarter Plaza has underwent significant full building renovations creating enhanced quality and functionality including work, meet & relax lifespace areas.The renovation covered a new and expanded lobby hospitality area, updated main entry canopy and replacement of installations. The building holds energy label A and is one of the few offices in Sloterdijk area offering large open floors. Other offices in the Quarter Offices portfolio include Quarter Podium (Gatwickstraat 9-39) and Quarter Avenue (Condensatorweg 54) all located in the upcoming work, shop and live area Amsterdam Sloterdijk. Both offices are currently being renovated, full renovations are expected to be finalised in the first quarter of 2018.

HighBrook Investors’ approach to Quarter Offices is based on an extensive Asset Management plan that will add value to the properties through revitalisation, modern workplace concepts, integrated hard (technical) and soft (hospitality) property management & facility services managed by D&B The Facility Group and JLL, as well as a pro-active marketing and leasing strategy. HighBrook Investors appointed Equity Estate as overall asset manager for all three Quarter Offices.

Equity Estate and Real estate advisor Savills (in collegial cooperation with Van Gool Elburg) advised HighBrook Investors in the leasing transaction of Epex Spot and Epex Spot was advised by Cushman & Wakefield. Furthermore, Equity Estate advised HighBrook Investors on three leasing transactions with Realmark OSRE Group, 24i Media and The Next Ad.

HighBrook Investors is a New York based real estate private equity firm which manages a diversified portfolio across the US and Europe. The firm is actively seeking additional opportunities to acquire well located assets with value-add potential throughout the Netherlands.

Partners Group and Equity Estate recapitalize the Queristics Investment portfolio

January 22, 2018

Queristics Investment is a sharia compliant joint venture founded in 2005 by Equity Estate and an investor from the Middle East. The portfolio was constructed between 2006 and 2010 and consists of six buildings, located in Germany, Belgium and the Netherlands. The German buildings, located in Kassel, are two logistics buildings let to Winkler and Technoform, comprising in total 20,000 sqm. The Belgian building, located in Willebroek, is a logistics building let to Distrilog of almost 35,000 sqm. The Dutch buildings are in Zwolle, an office let to EY of 5,500 sqm, and in Oss, two warehouses let to Brabant Alucast of 26,500 sqm in total. The value of the portfolio is slightly over EUR 56 million.


In the recapitalization, the Middle Eastern investor was bought out, the senior lender was repaid, and the sharia compliant structure has been separated from the portfolio. In the coming months the sharia structure will be disbanded by Equity Estate.

Equity Estate continues to be investor and asset manager in the Queristics Investment portfolio. Partners Group participated in the recapitalization on behalf of its clients.

Three new lease agreements in Quarter Podium Amsterdam Sloterdijk

January 18, 2018

HighBrook Investors, a New York based real estate private equity firm, has secured three lease agreements during the renovation of its multi-tenant office Quarter Podium at Gatwickstraat 9-39 in Amsterdam Sloterdijk. New tenants in this fullservice, modern multi-tenant office are AllShare and Corins while DPA Professionals, part of the DPA Group extended its lease agreement for the long term.

HighBrook Investors acquired Quarter Podium in April 2017 in an off-market acquisition. Quarter Podium is part of Quarter Offices, a new, high quality work, live & play concept currently being rolled out in three office locations in Amsterdam Sloterdijk.

AllShare B.V., a FinTech software company currently located in Hoofddorp, signed a long term lease agreement for approximately 1,000 sq.m. Corins B.V., part of ASR Nederland NV, has signed a long term lease of 500 sq.m and DPA, specialised in recruitment and interim management, extended its long term lease agreement and will lease approximately 1.800 sq. m office space.

Quarter Podium is currently undergoing significant full building renovations creating enhanced quality, functionality and a work, meet & relax lifespace as part of the Quarter Offices concept in Sloterdijk. Renovations are expected to be completed in March 2018. The offices comprises approximately 7.700 sq. m divided over nine office floors. With the new lease agreements signed, 55% of Quarter Podium is still available.  Other offices in the Quarter Offices portfolio are Quarter Plaza, Transformatorweg 74-118 and Quarter Avenue, Condensatorweg 54 all located in the upcoming work, shop and live area Amsterdam Sloterdijk.  

HighBrook Investors' approach to Quarter Offices is based on an extensive Asset Management plan that will add value to the properties through revitalisation, modern workplace concepts, integrated hard (technical) and soft (hospitality) property management & facility services as well as a pro-active marketing and leasing strategy. HighBrook Investors appointed Equity Estate as overall asset manager for all Quarter Offices.

Equity Estate and Real estate advisor JLL (in cooperation with Van Gool Elburg) advised HighBrook Investors and Solved advised Allshare in the leasing transaction of Allshare.

Furthermore, Equity Estate advised HighBrook Investors on two leasing transactions with DPA and Corins and Spring Real Estate advised DPA.

HighBrook Investors divests three office buildings

January 15, 2018

HighBrook Investors, a New York based real estate private equity firm, has sold three office buildings in the Northern region of the Netherlands, including:
► Tromphuis, Trompsingel 31-39 in Groningen, approximately 2,200 sq. m.
► Oostergoweg 3-5 in Leeuwarden, approximately 2,700 sq. m.
► Omega Park, Eemland 3-5 in Assen, approximately 3,900 sq. m.

Tromphuis, located in the city center of Groningen near the Central Station, is sold to the municipality of Groningen. Both the office building Omega Park close to the highway in Assen and the office building at Oostergoweg 3-5 near the main train station in Leeuwarden, are sold to private Investors.

HighBrook Investors acquired the properties in November 2017 as part of the acquisition of the Gorecht Portfolio of Hanzevast. A portfolio comprising 25 properties with a total floor area of 48.000 sq.m comprising mainly offices located primarily in the city centre of Groningen.

Equity Estate and BlauwVast acted as advisor to HighBrook Investors in the disposition of the three properties.

HighBrook Investors is a New York based real estate private equity firm which manages a diversified portfolio across the US and Europe. The firm is actively seeking additional opportunities to acquire well located assets with value-add potential throughout the Netherlands.

HighBrook sells office building in Groningen to a private investor

January 12, 2018

HighBrook Investors, the American private equity real estate investor, has sold the multi-tenant office building Scheepvaarthuis located at the Laan Corpus den Hoorn 200 in Groningen to a private investor. HighBrook Investors acquired the Scheepvaarthuis in December 2016 as part of the purchase of the first Hanzevast office portfolio.

The striking building - with a total LFA of ​​approximately 2,674 m² over four floors and 80 parking spaces - stands out for its fully glazed exterior facades and is located directly adjacent to the A28 motorway. In 2017 the Scheepvaarthuis was completely renovated and developed into a modern multi-tenant location with high quality office floors combined with 'living room-like' workplaces and meeting rooms. Since the extensive renovation, the office building has been fully let to Datanext B.V., MediaCT B.V., iWink B.V. and Hofsteenge Zeeman B.V.

Seller HighBrook Investors was advised by Equity Estate and international real estate advisor Cushman & Wakefield during the sales transaction.

HighBrook Investors appoints Nick Both as Vice President

January 03, 2018

HighBrook Investors, a New York based real estate private equity firm, has appointed Nick Both (39) as Vice President focusing primarily on the asset management of HighBrook’s growing portfolio in the Netherlands. Both has joined the company on January 1, 2018 and will work directly with HighBrook’s European investment team in London.

Prior to joining HighBrook Investors, Both was Partner and Director Asset Management at Intercity Real Estate Management BV. Most recently he was Manager of the Commercial and Technical departments in which role he held responsibility for a portfolio of approximately 100 commercial real estate assets equalling an investment volume of around EUR 500 million throughout the Netherlands.

HighBrook Investors is a New York based real estate private equity firm which manages a diversified portfolio across the US and Europe. The firm is actively seeking additional opportunities to acquire well located office assets with value-add potential throughout the Netherlands.

Equity Estate acquires warehouse building in Moordrecht

December 18, 2017

Equity Estate has further expanded the Propco portfolio by acquiring a warehouse building with offices, located at the Zuidbaan 525-527 in Moordrecht.

The buildings, that originates from 2007, are purchased from and leased to Gouda Constructie B.V., a welding and construction company, at a long-term lease contract, and partly leased to Vitamine & ZO B.V., a fresh fruit delivery company. The buildings consists of approximately 4,500 m² of warehouse space, 600 m² of office space in total and paved outdoor area with 80 parking spaces. The property is located on business park “Gouwe Park” directly adjacent to the A12 and A20 motorways.

After the acquisition of four industrial/logistic buildings, in Dordrecht, Rijnsburg, Beuningen and Amsterdam this is the fifth industrial/ logistics acquisition in 18 months’ time. The intention is to expand the Propc portfolio with EUR 30 to 50 mio in 2018, with industrial and logistics buildings with long-term leases on strong locations.

Abram Makelaardij advised Beheermaatschappij Tergouw B.V. in the deal. Equity Estate was represented by Industrial real estate partners , and Van Benthem & Keulen acted as a legal advisor.

HighBrook Investors extends lease agreement Mercurius Offices Almere

November 07, 2017

HighBrook Investors, a New York based real estate private equity firm, has secured a seven years lease extension with Roche Diagnostics Nederland BV and Roche Diabetes Care BV in office building Mercurius in Almere. Roche leases approximately 4,000 m2 office spaced dived over four storeys of the building located at Transistorstraat 41 in Almere.

Mercurius is a modern and comfortable office building located in business park Gooise Poort in Almere. Business Park Gooise Poort is a park-like location through water structures and gardens. The accessibility is excellent, right on highway A6.

HighBrook Investors acquired office building Mercurius in December 2016 as part of the acquisition of their first Hanzevast office portfolio. At the time of the acquisition, in which Equity Estate acted as advisor to HighBrook Investors, the lease agreement with Roche was close to expiration.

HighBrook Investors was advised by Zuiver Almere Vastgoed Adviseurs and Equity Estate in this leasing transaction. Roche is advised by international real estate advisor Cushman & Wakefield.

Hill Top 3 acquires NWO building in The Hague

November 01, 2017

Hill Top 3 Ltd, an investment vehicle arranged and managed by Equity Estate and Arzan Wealth (DIFC) Limited from the Middle East has bought the office building let to ‘Nederlandse Organisatie voor Wetenschappelijk Onderzoek’ (NWO) in The Hague. Equity Estate is also co-investing in the venture. For Arzan Wealth this is the third acquisition in the Netherlands and the first in its new joint venture with Equity Estate. Arzan Wealth (DIFC) Limited is a Dubai-based real estate firm regulated by the Dubai Financial Services Authority.

The ‘Java’ office building measures over 13,600 sqm and 176 parking spaces in the underlying parking garage. The building was completed in 2000, has an energy label A and is let to NWO for a long term. Enrico van Erkelens, CEO from Equity Estate: ‘We are happy to add the NWO-building to the portfolio. The building is a perfect fit for the investment criteria of the joint venture between Arzan Wealth and Equity Estate. The long lease term and the strong covenant are important for our long term investments. We see opportunities in the Dutch office market and we would like to invest in this segment with our partners. The Dutch office market offers attractive investments for international investors, especially with an economy growing faster than most of the neighbouring jurisdictions.”

JLL advised the vendor in this transaction. Arzan Wealth and Equity Estate were advised by NL Real Estate, AKD and BDO. Equity Estate will perform the asset management.

HighBrook Investors acquires Blaak 333 in Rotterdam

October 11, 2017

HighBrook Investors, a New York based real estate private equity firm, has acquired Blaak 333 in Rotterdam through an off-market transaction. Blaak 333 is a single-tenant office building located on a prominent location in the Central Business District of Rotterdam. The building comprises 15,575 sq.m office space and is fully let. A purchase price will not be disclosed nor will the name of the seller. This transaction marks HighBrook’s first entry into the Rotterdam market. The firm is actively seeking more value-add opportunities throughout the Randstad area.

Wouter Stevens, Savills Netherlands, comments: “Blaak 333 is a landmark building in an excellent location within the Central Business District in Rotterdam that combines work, shop and living in the inner city. The office is fully let to a single tenant which is rare in the Rotterdam office market. That makes this an excellent investment opportunity with value add possibilities in the improving Rotterdam investment market.”

Savills acted on behalf of the seller in this transaction. Equity Estate acted as advisor to HighBrook Investors and will co-invest in the building. Equity Estate will also perform the asset management.

HighBrook Investors´ is a real estate private equity firm which is focused on value-added opportunities throughout the US and Western Europe. The firm manages a series of closed-end commingled funds and operates throughout its offices in New York, London and Atlanta. HighBrook has been an active investor in the Dutch market and has now closed six transactions totalling over €160,000,000 in aggregate value over the last 9-10 months.

Bert van den Hoek joins the Supervisory Board of Equity Estate

October 09, 2017

The shareholders of Equity Estate, specialist in Asset Management and Management Services in real estate, have appointed Bert van den Hoek as a member of the Supervisory Board as of 1 September 2017. The Supervisory Board now consists of Jürgen Lange, former banker with a reputable German bank, Jan Kees Brandse (chairman), Partner at Greenberg Traurig, and Bert van den Hoek.

Van den Hoek (49), is currently a Senior Vice President at Partners Group in London and brings extensive experience in both the international real estate and financial markets to the Supervisory Board. Prior to Partners Group he was a Director at Deutsche Bank Asset Management and, before that, worked at GIC and Morgan Stanley. Mr Van den Hoek studied at the Technical University in Delft and obtained his MBA at the RSM Erasmus University followed by his Master of Real Estate at the University of Amsterdam.

Four new lease agreements in ‘Scheepvaarthuis’ Groningen

October 09, 2017

HighBrook Investors, a New York based real estate private equity firm, has secured four new leases for its multi-tenant office Scheepvaarthuis at Laan Corpus den Hoorn 200 in Groningen realising an occupancy rate of over 90 percent. New tenants in this modern and high quality multi-tenant office are Hofsteenge Zeeman Groep, Datanext, MediaCT and iWink.

HighBrook Investors acquired the Scheepvaarthuis in December 2016 as part of the acquisition of the Hanzevast office portfolio. At the time of the acquisition, in which Equity Estate acted as advisor to HighBrook Investors, the Scheepvaarthuis was fully vacant.

Hofsteenge Zeeman Groep B.V., accountants in the public sector, has agreed on a long term lease of the third floor (640 m2). Datanext, an innovative company in Marketing Automation and Big Data solutions, signed a contract for the lease of office space located on the half of the ground floor (285 m2). MediaCT BV, a leading e-commerce development company for webshops, signed a long term lease contract for the first floor (640 m2) as well as a part of the ground floor (121 m2). iWink, a developer of technology channels for marketing & communication professionals such as websites, intranets, digital newsletters and narrowcasting screens, leases out the second floor of the building (640 m2) as well as a part of the ground floor (121 m2) in the building. In this way, MediaCT and iWink share half of the ground floor of Scheepvaarthuis offering both tenants combined spaces for lunch, meetings, events and recreation.

International real estate advisor Cushman & Wakefield advised HighBrook Investors in all leasing transactions except the lease with Hofsteenge Zeeman Group. MediaCT was advised by Thijssen Vos Bedrijfsmakelaars in Groningen. Hanzevast, the seller of the property in December 2016, assisted in the negotiation of the leases with Hofsteenge Zeeman Groep, iWink and MediaCT.

In 2017 the Scheepvaarthuis at Laan Corpus den Hoorn is fully renovated and transformed into a modern multi-tenant location providing high quality large office floors combined with ‘living room-like’ work areas and meeting rooms. The office comprises approximately 2,675 m2 divided over 4 office floors and a basement. Having finished the asset management plan and realising an occupancy rate above 90 percent from full vacant when acquired, HighBrook Investors has now instructed the sale of the building. Equity Estate acts as advisor to HighBrook Investors in the sale, international real estate advisor Cushman & Wakefield is mandated for the marketing and sales of the property.

Real Estate Management: from letter-box company to ‘substance of form’

September 29, 2017

Corporate Service Providers poured into fog, which was confirmed by the impact of the Panama Papers. In response to the global outrage that followed, a stricter regulation was soon demanded. Has something changed in the meantime? And does this have consequences for the property industry? Rob de Groot, earlier this year appointed as Director Management Services at Equity Estate, has been very active in the past years as statutory director of Dutch entities for international organisations in the banking, telecommunication and real estate sector. In this article, De Groot indicates the meaning of changing laws in corporate services activities for the real estate sector.

 

The Netherlands as leader

The Netherlands plays a very prominent role in the world of international (tax) structures. Extensive research shows that The Netherlands is leader as a so-called ‘Conduit-OFC’, a country through which a lot of funds flow. This happens by using Dutch entities (private companies, limited companies, cooperatives, etc.), that are in a legal structure between the ultimate owner and the companies where the activities are actually taking place. As these companies are located in several countries, and because often also more entities are part of the structure, the picture of a cluttered web arises.

Taxability is one of the reasons to build such a web. An organisation can furnish the cost item ‘taxes’ in such a way that savings can be made. The Netherlands is also a much-chosen country because of the good infrastructure, well educated people speaking their languages, the easy accessibility and the many tax treaties.

 

Real Estate Management and Corporate Services

Also, foreign investors and investments funds buying and managing (Dutch) real estate move with these structures. Dutch companies, directly or indirectly hold real estate in The Netherlands. The Dutch corporate services office manages the company, is usually statutory director, arranges the financial administration, and takes care of the legal and administrative status (corporate housekeeping) of the company. The real estate is managed by an Asset Manager and a local Property Manager. The Property Manager carries out the administration of the real estate and provides the administration to the corporate services office enabling the corporate services office to prepare the final reports and the statutory annual accounts.

 

The Panama Papers

Certainly, after the start of the crisis in 2008, there has been much going on about the structures that are served by corporate services offices, in The Netherlands in particular the tax routes. For the general public, the Panama Papers formed the journalistic breakthrough. This resulted in a unique event in Dutch politics, the first parliamentary interrogation in which various parties, like representatives from the Dutch Corporate Services sector, fiscal advisors, the supervisor of the Dutch Central Bank and journalists were interviewed under oath as witnesses and experts.

 

Serious consequences, nationally and internationally

During this parliamentary interrogation the concept ‘substance of form’ was discussed more than once. Companies that are based in a certain country for tax reasons, should have ‘substance’ in that country. If not, their presence in that country is not recognised. To avoid the appearance of the structure only being a structure providing a financial advantage, the Tax Authorities and the Ministry of Finance prepared a list of 10 requirements that a company has to fulfil in order to be seen as a Dutch company and in order to be able to use the treaties network. A substantial effort in the home country is the basis. Thus, it was a requirement that amongst others half of the management has to be living in The Netherlands, the bookkeeping has to be performed in The Netherlands and de bank accounts are to be managed from The Netherlands.

Internationally, the OECD (Organisation for Economic Cooperation and Development) started the BEPS project (Base Erosion and Profit Shifting), an action plan that has to result in globally coordinated agreements to prevent tax evasion by base erosion and profit shifting. The action plan consists of 15 points of action. Although the BEPS action plan is still in an early state of implementation, it is already clear that it will be a global regime, with increased tax risks for organisations that do not commit themselves to these points. Also in these points ‘substance’ plays an important role.

Liselot Dalenoord joins Equity Estate

September 06, 2017

Equity Estate, expert in Asset Management and Management Services in commercial real estate, has appointed Liselot Dalenoord (42) as Deal- and Asset Manager. Dalenoord comes from Greystar where she worked as Development Manager. At Equity Estate she will be engaged in transaction management and asset management for the expansion of the portfolios of partners.

Dalenoord has more than 15 years of experience in real estate, most recently as Developtment Manager at Greystar. In the period 2006 up to and including 2015 she worked in various positions at Syntrus Achmea Real Estate & Finance, including 9 years as Acquisition Manager/Project Developer Residential.

Nard Schuddebeurs, COO Equity Estate:
“In The Netherlands and abroad there is huge interest in investing in real estate in The Netherlands, Germany, Belgium and Luxembourg. Our portfolio is still growing because we always stay focused on a well thought-out strategy, appropriate structures and efficient and careful management. Liselot brings a strong network and a lot of experience. She knows the real estate investment world from an American investor, but also from an institutional investor. As a result, she has developed a clear vision for achieving investment goals and knows the local real estate market very well. "

Propco acquires logistics building in Amsterdam from DHG

July 19, 2017

Equity Estate has further expanded the Propco portfolio by acquiring a logistics building from DHG, located at the Galwin 2 in Amsterdam.

The building, that originates from 2003, has been designed by Timmer architecten and is fully and long-term let to IGT Europe BV. It consists of approximately 8,772 m² of warehouse space, 2,857 m² of office space, some 3,000 m² paved outdoor area with 98 parking spaces. Furthermore, the property is located directly adjacent to the A5 motorway.

After the acquisition of three industrial/logistic buildings, in Dordrecht, Rijnsburg and Beuningen, this is the fourth acquisition for Propco in the past 12 months. The acquisition has been made full equity, and the intention is to continue expanding the portfolio in the coming months, with industrial and logistics buildings with long-term leases on strong locations.

Shamrock Vastgoed advised DHG in the deal. Propco was represented by JLL, and Van Benthem & Keulen acted as a legal advisor. Equity Estate is the asset manager and director of Propco.

AB Alternative Fund acquires "De President" in Hoofddorp

July 03, 2017

Nova Capital has sold the "De President" property in Hoofddorp to AB Alternative Fund SICAV-SIF. Equity Estate is an investor in and the asset manager of the AB Alternative Fund SICAV-SIF. The semi open ended fund consists of 7 buildings in Germany, Luxembourg and The Netherlands.

"De President" property is located at the Jacobus Spijkerdreef 20-24 in Hoofddorp and consist of office, storage and logistic space. The total floor area comprises approximately 9,514 sq.m. with 145 parking spaces. The building is fully let to Scotch & Soda. The acquisition price amounted approximately EUR 8.75 million.

Equity Estate acted as asset manager for the purchaser, performed the complete due diligence and directed the negotiations on LOI and SPA. The due diligence partners on buyer’s side were Holland van Gijzen, SGS Search and Hofstede cs. Seller was advised by Cushman & Wakefield and Retail Capital and represented by CMS as a legal advisor.

HighBrook Investors divests office building in The Hague

June 12, 2017

HighBrook Investors divests an office building on the Laan van Nieuw Oost-Indië 123-127 in The Hague to a Dutch private investor. The total floor area comprises approximately 12,936 sq. m. LFA office space, of which 25% is rented to different tenants. HighBrook Investors acquired the office building in December 2016 as part of an off-market portfolio transaction.

Equity Estate advised HighBrook Investors on this transaction together with the legal advisor Van Doorne . CBRE was responsible for the marketing of the building and represented vendor. Pels Rijcken & Droogleever Fortuijn advised the buyer.

With this divestment, it is the sixth transaction of HighBrook Investors in the past six months. HighBrook Investors is a US-based real estate private equity firm with approximately € 1.0 billion in AUM. The firm has offices in New York, London, Newport Beach and Atlanta. The company is actively seeking additional opportunities to acquire well located office assets primarily in greater Amsterdam area, Rotterdam and Utrecht. (www.highbrookinvestors.com).

Equity Estate Corporate Services appointed by Merkspace to start Dutch activities

May 29, 2017

The successful co-working & private office concept from Tel Aviv Merkspace will be opening a brand new building in the heart of Amsterdam at the Herengracht 499 on July 1st of 2017. Equity Estate Corporate Services is acting as corporate service provider for Merkspace in setting up their activities in the Netherlands.

With the first global Sports-tech Innovation-centre and a big Asian incubator department, Merkspace focuses on start-ups that want to accelerate and that want to profit from their international network and these opportunities. In the last year Merkspace raised 3.7 million dollars for their start-ups, and made more than 9,000 business connections for the 150 companies they now supply. The close lines with the start-up scene in Tel Aviv will give access to the top of the line speakers, tech innovators, experts and not so less important venture capitalists.

One of the most exciting things is that Merkspace actively looks for business opportunities for their tenants, within their own (international) network. Every month there will be a new unique delegation visiting the office for mentoring, lectures and the investors breakfast. That being said, service-providers, freelancers and small-medium businesses that want to benefit from the opportunities Merkspace offers, are more than welcome. Working spaces already starts at € 250 a month.

Equity Estate Corporate Services is focussing on management services (directorship, domiciliation and administration) to real estate companies and operators. With our in-depth knowledge of the real estate industry and market we add substantial value to your company.

 

HighBrook Investors and Equity Estate Acquire office building ‘Spectrum’ in Amsterdam

May 08, 2017

In an off-market transaction, Credit Suisse Real Estate Fund International has sold the office building ‘Spectrum’ to the combination consisting of HighBrook Investors and Equity Estate.

Spectrum is located at a prominent location in the Sloterdijk/Teleport area in Amsterdam, located at the at the Gatwickstraat 9-39, visible from the motorway A-10.

The total floor area comprises approximately 7,685 sq.m. LFA office space, spread over 9 floors with 109 parking spaces located in the parking garage and at the outside area. The building is fully rented to DPA.

HighBrook Investors and Equity Estate were advised by Van Gool ♦ Elburg Vastgoedspecialisten during this transaction and legally represented by Loyens & Loeff.

In this transaction Credit Suisse REFI was legally represented by Clifford Chance.

Propco expands portfolio with DIY-store in Beuningen

April 10, 2017

For the expansion of the Propco portfolio, Equity Estate has acquired a DIY-store located at the Claudiuslaan 62, in Beuningen. CBRE Global Investors divested the property, after recently having extended the lease agreement. The building comprises nearly 5,500 m² and offers ample parking facilities on site.

Van Neerbos Bouwmarkten recently signed a substantial extension of their lease agreement to ensure a long-lasting continuation of one of their Gamma franchises at this specific location. Van Neerbos Bouwmarkten is the largest franchise holder of Intergamma, owning/operating more than 150 stores in The Netherlands and Belgium, and is part of the stock listed CRH conglomerate, one of the worldwide market leaders in the field of building materials.

After the acquisition of two industrial/logistic buildings in Dordrecht and Rijnsburg in 2016, this is the third acquisition for Propco. The intention is to further expand the portfolio to a size of around EUR 50 million, with long-term leases on strong locations. Van Benthem & Keulen acted as the legal advisor on behalf of Equity Estate, whilst BVVL winkel vastgoed adviseurs acted as the commercial advisor of the seller during the entire process.

 

HighBrook Investors acquires office building ‘Parktoren’ in Amstelveen

April 05, 2017

TRIUVA Kapitalverwaltungsgesellschaft mbH has sold the ‘Parktoren’ to the combination consisting of HighBrook Investors and Equity Estate.

The office building ‘Parktoren’ is located at a privileged location in Amstelveen, nearby the city of Amstelveen at the Van Heuven Goedhartlaan 7-13 in Amstelveen.

The total floor area comprises approximately 10,000 sq. m. office space, spread over 10 floors with 45 parking spaces located in the parking garage underneath the building. The building is rented to several lessee’s, amongst others the Rabobank, Greif Beheer and Aurora Hotel Development.

In this transaction TRIUVA was advised by Van Gool ♦ Elburg Vastgoedspecialisten, legally CMS Derks Star Busmann was involved and tax advice was given by PwC.

HighBrook Investors was advised by Equity Estate, Loyens & Loeff and SGS Search during this transaction.

 

Equity Estate divests warehouse building in Enschede, the Netherlands

March 17, 2017

In March 2017, Equity Estate successfully divested the approximately 6,800 sqm warehouse building located at the Strootsweg 16 in Enschede. KLM Kwintet Kleding was the former occupier that terminated its lease in Q2 2016. The building was vacant for some time. Two local investors have acquired the building for a price of EUR 1,725,000. The vendor has been advised by Cushman & Wakefield and Boers & Lem.

Equity Estate appoints Rob de Groot as Director Management Services

March 06, 2017

Equity Estate, specialist in Asset Management and Management Services in real estate, appointed Rob de Groot(49) as Director Management Services. De Groot has build a strong and positive track record in management services at ABN AMRO Trust Company and most recently at TMF Netherlands, where he worked as Team Leader Accounting. Within Equity Estate De Groot is responsible for all management services activities and will take directorship for real estate investors that choose domiciliation in the Netherlands for their property companies. He will report his activities to the board of Equity Estate, formed by Enrico van Erkelens (CEO) and Nard Schuddebeurs (COO).

Enrico van Erkelens, CEO Equity Estate, says about the appointment of De Groot
“Investments in direct real estate in the Netherlands are tremendously popular. For foreign investors and private equity firms a well thought out portfolio and efficient and careful management of the properties are important for optimal efficiency. That requires specific knowledge of the local real estate market and knowledge of financial constructions and tax law to make sure investments correspond with the needs and aspirations of investors. We are fully organised around this service: we have been in real estate for 20 years, have a solid structure for controlling and reporting, are in possession of the Dutch Supervision of Trust Offices Act license (Wtt) and are supervised by the Dutch Central Bank. Rob’s strong track record in the field of accounting, company management and fiduciary management, in combination with our thorough knowledge of the real estate market offers us the opportunity to expand our management services activities to clients of which we are not the asset management partner.”

Background Rob de Groot
De Groot has an accounting background and did various studies in the field of international tax law and a Master Trust Officer course. From 1987 to 2005, he worked in various positions at ABN AMRO, including 10 years as Senior Client Relationship Manager at ABN AMRO Trust Company (Netherlands) BV. Over the past 10 years De Groot worked for TMF Netherlands BV where he was responsible for the Accounting Team (about 300 companies), setting up the VAT compliance department and the Banking Team. In addition, he was personally active as statutory director at Dutch entities of international organisations in the banking industry, telecommunications and real estate.

Equity Estate and Kyocera prolong lease in Zaventem (Belgium)

March 02, 2017

Equity Estate has successfully extended the lease agreement with tenant Kyocera Document Solutions Belgium NV in Zaventem (Belgium). It contains approx. 2,100 sqm of office, showroom and archive space and the lease is now running until 2023. The building is located on the Sint Martinusweg in Zaventem and forms part of the AB CPFM Real Estate Holding Group portfolio, a joint venture created in 2006 with Arab Bank. Kyocera Document Solutions Belgium NV has been a tenant in the building since 2007. From this location in Zaventem Kyocera manages its sales, marketing and services in Belgium and Luxemburg.

Equity Estate and Otto Harrassowitz prolong lease of 7,500 m² in Wiesbaden (Germany)

December 19, 2016

Equity Estate has successfully extended the lease agreement with tenant Otto Harrassowitz GmbH & Co. KG in Wiesbaden, Germany for 7,500 m² of office and archive space. The lease is now running until 2022, Otto Harrassowitz has been on this location since 2003 and shows commitment to the area and to Wiesbaden, where it is located since 1953.

After the earlier lease transactions with Dräger and Bildungswerk der Hessischen Wirtschaft, the occupancy level in the office complex at the Kreuzberger Ring in Wiesbaden now amounts to over 90%. Only 900 sqm of office space is still available for leasing. This vacancy is the only vacancy in the AB Alternative Fund SICAV SIF, which amounts to only 1.6% of the total (theoretical) rent passing.

The Venture  ‘AB Alternative Fund SICAV-SIF’ was launched in Q2 2016 and because of investor inflow we are searching for strong additional investments with a volume between € 10 and € 25 million in Germany and Benelux.

Equity Estate advises HighBrook on the acquisition of 10 Dutch office properties from Hanzevast

December 19, 2016

In an off-market transaction, Equity Estate advised HighBrook Investors on the acquisition of an office portfolio in the Netherlands from various entities managed and controlled by Hanzevast Capital. The portfolio totals approximately 51,250 sqm of leasable area and consists of ten separate properties located throughout the Netherlands.

This marks HighBrook Investors’ second transaction in the Netherlands after its recent acquisition of “De West” Transformatorweg 74-118 in Amsterdam and Laan van Vredenoord 8-24 in Rijswijk. HighBrook closed both transactions on an all-cash basis.

HighBrook Investors is a US-based real estate private equity firm with approximately € 1.0 billion in AUM. The firm has offices in New York, London, Newport Beach and Atlanta. The company is actively seeking additional opportunities to acquire well located office assets primarily in the Greater Amsterdam area. (www.highbrookinvestors.com).

HighBrook was advised on the transaction by Equity Estate, Jones Day and E&Y. The vendor Hanzevast was advised by Wallich & Matthes and TRIP.

Equity Estate advises Highbrook Investors on the acquisition of “De West” in Amsterdam and Laan van Vredenoord in Rijswijk from Internos

December 16, 2016

Internos Global Investors has sold two office buildings to HighBrook Investors on behalf of Internos Spezialfondsgesellschaft GmbH. 

The office buildings, “De West” Transformatorweg 74-118 in Amsterdam and Laan van Vredenoord 8-24 in Rijswijk, include a total leasable area of approx. 16,300 sqm. ‘De West’ in the Sloterdijk/Teleport submarket of Amsterdam is partly leased to KPN, approx. 65% of the building is vacant. The building in Rijswijk is fully leased to Boele & van Eesteren en Euro Pool System on long term leases. 

This marks one of HighBrook Investors’ first transactions in the Netherlands. HighBrook closed the transaction on an all-cash basis.  HighBrook Investors is a US-based real estate private equity firm with approximately €1.0 billion in AUM.  The firm has offices in New York, London, Newport Beach and Atlanta. The company is actively seeking additional opportunities to acquire well located office assets primarily in the Greater Amsterdam area. (www.highbrookinvestors.com).

INTERNOS was advised by Cushman & Wakefield, Houthoff Buruma and Atlas Fiscalisten. Highbrook Investors was advised by Jones Day, EY and Equity Estate. The asset management will be performed by Equity Estate.

Equity Estate acquires industrial building in Rijnsburg

December 08, 2016

Equity Estate expanded the Propco portfolio by acquiring an industrial building located at the Bankijkerweg 8 in Rijnsburg. The building consists of approximately 8,600 m² of warehouse space and 600 m² of office space on more than 2 hectares of land.

Van der Gugten Verpakkingen leases the building for a period of 10 years, and is a wholesaler in flower packaging materials. Furthermore, they are part of the Pacombi Group BV. Van der Gugten has a market share of approximately 40% and operates in the niche market of transport packaging in the flower industry. Its central location in the Dutch ‘Bollenstreek’ (flower bulb region) and the proximity of the flower auctions in Rijnsburg, Aalsmeer and the Westland, makes that the building is strategically located for its purpose.

After the acquisition of an industrial building in Dordrecht in June 2016, this is the second acquisition of Propco in a half year period. The intention is to further expand the portfolio to a size of around EUR 50 million, with long-term leases on strong locations.

Van Benthem & Keulen and Ten Holter Realty Partners (THRP) acted as the legal and commercial advisor on behalf of Equity Estate, whilst Marktlink fusies & overnames acted as the advisor of the seller during the entire process.

Deutsche Bank refinances two logistic assets

August 15, 2016

Equity Estate has successfully secured refinancing for two logistic assets through a loan provided by Deutsche Bank.

It concerns two single tenant logistic properties located at Schiphol-Rijk and Amsterdam Westpoort (Koolhovenlaan 35-45 and Lipariweg 6). The two properties are held separately in 2 Dutch SPV’s; AB CPFM Real Estate I B.V. and AB CPFM Real Estate IX B.V., owned through a joined venture with Arab Bank.

Both objects are located on good logistic and industrial locations in the Randstad area and are purpose built. The property at Schiphol-Rijk is fully let to Ricoh and measures approximately 10,200 sq m of commercial space, 6,200 sq m of office space and offers 120 parking spaces. Stora Enso has signed a long-term lease for the property in Amsterdam-Westpoort which contains approximately 24,000 sq m of commercial space, 1,400 sq m of office space and has parking spaces on the adjacent site at the Lipariweg in Amsterdam.

Nard Schuddebeurs, COO Equity Estate:
We were positively surprised about the interest in the market for refinancing our assets. With Deutsche Bank we have a good financing partner for the long-term growth.

Maarten de Jong, Senior Consultant CBRE Debt & Structured Finance:
The process of getting this refinancing in place showcased that lenders have shown a great deal of interest in financing logistic real estate. Deutsche Bank ended up in front providing financing that was the optimal combination of attractive terms and closing ability.

Equity Estate worked together with CBRE Debt & Structured Finance and Greenberg Traurig.

Equity Estate acquires industrial building of VAF Instruments

June 06, 2016

VAF Instruments has sold their industrial building with office space to a new venture launched by Equity Estate. The property is located on the Vierlinghstraat in Dordrecht and comprises approximately 4,170 m² of industrial space, 1,785 m² office space and 69 parking spaces. VAF Instruments is the leading specialist for development, manufacturing and world-wide sales of various control systems for the marine industry. The acquisition price amounted approximately EUR 4.3 million. This is the first acquisition of the new venture, that wants to expand its portfolio to a size of approximately EUR 50 million, with various types of long-term leased properties on strong locations.

Equity Estate acted as investment manager for the purchaser, performed the complete due diligence and directed the negotiations on LOI and SPA. The due diligence partners were Van Benthem & Keulen, Vedder Vastgoedmanagement and HARTvoorOG. Seller VAF Instruments was advised by CBRE and Nauta Dutilh.

Equity Estate divests an office building in Gent, Belgium

April 12, 2016

In Q3 2015 Equity Estate successfully divested an office building of approx. 3,800 sqm in the city centre of Gent to the Catholic University of Leuven. After the former tenant City of Gent vacated the office building in February 2015, Equity Estate reviewed the possibilities to lease out or divest the office building from a strategic perspective. When the Catholic University of Leuven turned out to be interested a divestment of the property made sense for the investors, reducing the fund’s exposure in the Belgium office market. In order to complete the sale of the office building, Equity Estate divided the complex into three apartment rights and sold one of them. The remaining apartment rights are leased out to United Brands retail store and the Proximus telecom and data centre. On this transaction, Baker McKenzie acted as a legal advisor on behalf of Equity Estate.

 

Equity Estate succesfully divests six buildings in Belgium

April 11, 2016

As part of the incorporation of the maturing joint venture AB CPFM Europroperty Fund Group, Equity Estate divested five office buildings and one industrial building to four different local investors. With these four transactions the restructuring of the AB CPFM Europroperty Fund Group was succesfully concluded.

In early 2015 Equity Estate divested an office building, of approx. 2,450 sqm, located on the Rue de la Science in Brussels. The building was sold to a local private investor, in a company transaction.

In Q3 2015 Equity Estate divested an industrial building, of approx. 5,200 sqm, in Hoge Wei in Zaventem, to Custodia Real Estate, in an asset transaction.

Also in Q3 2015 Equity Estate divested two office buildings, of approx. 5,500 sqm, in Rue Belliard in Brussels to Liegeois Group, in a company transaction.

Finally in Q1 2016 Equity Estate sold two office buildings, totalling approx. 6,250 sqm, in the Rue Royale in Brussels and Dreve Richelle in Waterloo were divested to Codabel, also in a company transaction.

On the four different transactions Equity Estate worked together with Baker McKenzie, JLL and Cushman Wakefield.

MCAP Global Finance acquires headquarter USG People in Almere

April 06, 2016

Equity Estate advised Bryant Park Netherlands Acquisition 1 B.V., a subsidiary of MCAP Global Finance (UK) LLP, in the acquisition of the P.J. Oudweg 61 in Almere. The building is fully let to USG People on a long term lease and amounts to approximately 12,000 m² and 125 parking spaces. The acquisition price amounted approx. EUR 27 million.

Equity Estate acted as investment manager for the purchaser, performed the complete due diligence and directed the negotiations on LOI and SPA. The due diligence partners were JLL, CVO International, Greenberg Traurig and Hofstede cs. Seller is the Italian fund Europa Immobiliare 1, managed by Vegagest SGR Spa and was advised by Savills Investment Management.

Equity Estate launches new website

April 06, 2016

In March 2016 Equity Estate launched a new website!

Equity Estate divests two office buildings in Belgium

March 02, 2016

Equity Estate divests two office buildings in Belgium; Brussels, Rue Royale and Waterloo, Dreve Richelle. Both buildings are let to different tenants such as Optima and ID Weaver, totalling over 6,250 m² LFA. Both buildings were part of the Europroperty Fund Group. Purchaser is Codabel, a local investment and asset management company. The deal was structured as a share deal. Just prior to the transaction the lease with Optima was prolonged and a new lease with Auriga Isdin was completed. Early 2015 a new lease was closed with ID Weaver. Cushman Wakefield and Baker McKenzie acted on behalf of Equity Estate.

Equity Estate renews lease with Winkler Logistik in Kassel, Germany

February 14, 2016

Winkler Logistik GmbH, one of the tenants in Kassel, Otto-Hahn-Strasse 26 en 28 renewed the running lease agreement for approximately 14,000 m² LFA of logistic space and approximately 3,000 m² LFA of offices and archives. With this lease renewal the industrial complex in Kassel is once again let for a considerable lease period. The building is owned by the joint venture Queristics Investment, which runs between Equity Estate and Kuwait Finance House since 2006.

MCAP Global Finance acquires Zuidtoren in Hoofddorp

February 04, 2016

Equity Estate advised Bryant Park Netherlands Acquisition 1 B.V., a subsidiary of MCAP Global Finance (UK) LLP, in the acquisition of Zuidtoren in Hoofddorp. The building is let to 17 tenants, among them are The Walt Disney Company, SHV Energy, Western Digital and Seafox Operations, and amounts to approximately 17,000m² and 175 parking spaces. The acquisition price amounted to EUR 40.2 million.

Equity Estate acted as investment manager for the purchaser, performed the complete due diligence and directed the negotiations on LOI and SPA. The due diligence partners were CVO International, Greenberg Traurig and Hofstede cs. Seller Syntrus Achmea was advised by JLL and Houthoff Buruma.

MCAP Global Finance acquires two buildings in Delft and Den Haag

February 04, 2016

Equity Estate advised Bryant Park Netherlands Acquisition 1 B.V., a subsidiary of MCAP Global Finance (UK) LLP, in the acquisition of Delftechpark in Delft and Bordewijklaan in Den Haag. The buildings are let to 10 tenants, under which PKF Wallast in Delft and several health care companies in Den Haag and amounts to over 10,600m². The acquisition price amounted to approximately EUR 11.5 million.

Equity Estate acted as investment manager for the purchaser, performed the complete due diligence and directed the negotiations on LOI and SPA. The due diligence partners were CVO International, Greenberg Traurig and Hofstede cs. Seller OVG was advised by DTZ, NL Real Estate and AKD.

Equity Estate leases over 25,000 m² in Oss, The Netherlands

January 31, 2016

Equity Estate leases two logistic buildings in Oss to Intergamma (approximately. 15,500 m² LFA) and to Brabant Alucast (approximately. 9,500 m² LFA). With these two new leases the building is completely occupied again.

The building is owned by the joint venture Queristics Investment, which runs between Equity Estate and Kuwait Finance House since 2006. Equity Estate was advised by JLL Eindhoven, HRS Bedrijfsmakelaars en DTZ.

Equity Estate divests two logistic buildings in Belgium

December 23, 2015

Equity Estate divests two logistic buildings in Belgium; Meer, Londonstraat 8 and Oevel, Nijverheidsstraat 8. Both buildings are let to Vos Logistics with long leases in place, totalling over 26,000 m² LFA. Improma, a Belgium private investor, acquired the buildings for their own portfolio. Both buildings were owned by the Equity Estate Europroperty Fund. JLL and Baker McKenzie acted on behalf of Equity Estate.

Two new leases in Wiesbaden, Germany

January 01, 2015

Equity Estate leases office space in Wiesbaden (Germany), Kreuzeberger Ring, totalling over 1,350m² LFA of office space to Drägerwerk AG & Co. KGaA and to Bildungswerk der Hessischen Wirtschaft e.V. With these two new leases only 800 m² of office space is still vacant. The buildings are part of the Europroperty Fund Group.

News

SIGI signs lease for 3,000 sqm office space in Luxembourg

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Joris Bal joins Equity Estate

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News archive

SIGI signs lease for 3,000 sqm office space in Luxembourg

July 12, 2018

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Santander Consumer Finance Benelux signs lease in Le Mirage in Utrecht

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Equity Estate signs 10-year lease with Jugendhilfezentrum Johannesstift (Germany)

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Joris Bal joins Equity Estate

June 27, 2018

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Maandag® Interim Professionals chooses Quarter Plaza

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HighBrook Investors opens ‘Quarter Offices’ in Amsterdam

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Highbrook Investors acquires Le Mirage in Utrecht

April 11, 2018

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BLUE HORIZON INVESTORS acquires BLAAK16 in Rotterdam

March 26, 2018

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Five new lease agreements signed in ‘Quarter Plaza’

February 21, 2018

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Partners Group and Equity Estate recapitalize the Queristics Investment portfolio

January 22, 2018

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Three new lease agreements in Quarter Podium Amsterdam Sloterdijk

January 18, 2018

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HighBrook Investors divests three office buildings

January 15, 2018

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HighBrook sells office building in Groningen to a private investor

January 12, 2018

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HighBrook Investors appoints Nick Both as Vice President

January 03, 2018

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Equity Estate acquires warehouse building in Moordrecht

December 18, 2017

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HighBrook Investors extends lease agreement Mercurius Offices Almere

November 07, 2017

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Hill Top 3 acquires NWO building in The Hague

November 01, 2017

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HighBrook Investors acquires Blaak 333 in Rotterdam

October 11, 2017

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Bert van den Hoek joins the Supervisory Board of Equity Estate

October 09, 2017

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Four new lease agreements in ‘Scheepvaarthuis’ Groningen

October 09, 2017

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Real Estate Management: from letter-box company to ‘substance of form’

September 29, 2017

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Liselot Dalenoord joins Equity Estate

September 06, 2017

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Propco acquires logistics building in Amsterdam from DHG

July 19, 2017

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AB Alternative Fund acquires "De President" in Hoofddorp

July 03, 2017

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HighBrook Investors divests office building in The Hague

June 12, 2017

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Equity Estate Corporate Services appointed by Merkspace to start Dutch activities

May 29, 2017

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HighBrook Investors and Equity Estate Acquire office building ‘Spectrum’ in Amsterdam

May 08, 2017

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Propco expands portfolio with DIY-store in Beuningen

April 10, 2017

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HighBrook Investors acquires office building ‘Parktoren’ in Amstelveen

April 05, 2017

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Equity Estate divests warehouse building in Enschede, the Netherlands

March 17, 2017

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Equity Estate appoints Rob de Groot as Director Management Services

March 06, 2017

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Equity Estate and Kyocera prolong lease in Zaventem (Belgium)

March 02, 2017

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Equity Estate and Otto Harrassowitz prolong lease of 7,500 m² in Wiesbaden (Germany)

December 19, 2016

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Equity Estate advises HighBrook on the acquisition of 10 Dutch office properties from Hanzevast

December 19, 2016

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Equity Estate advises Highbrook Investors on the acquisition of “De West” in Amsterdam and Laan van Vredenoord in Rijswijk from Internos

December 16, 2016

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Equity Estate acquires industrial building in Rijnsburg

December 08, 2016

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Deutsche Bank refinances two logistic assets

August 15, 2016

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Equity Estate acquires industrial building of VAF Instruments

June 06, 2016

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Equity Estate divests an office building in Gent, Belgium

April 12, 2016

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Equity Estate succesfully divests six buildings in Belgium

April 11, 2016

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MCAP Global Finance acquires headquarter USG People in Almere

April 06, 2016

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Equity Estate launches new website

April 06, 2016

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Equity Estate divests two office buildings in Belgium

March 02, 2016

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Equity Estate renews lease with Winkler Logistik in Kassel, Germany

February 14, 2016

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MCAP Global Finance acquires Zuidtoren in Hoofddorp

February 04, 2016

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MCAP Global Finance acquires two buildings in Delft and Den Haag

February 04, 2016

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Equity Estate leases over 25,000 m² in Oss, The Netherlands

January 31, 2016

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Equity Estate divests two logistic buildings in Belgium

December 23, 2015

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Two new leases in Wiesbaden, Germany

January 01, 2015

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