CROSSOVER signs lease of approx. 5,000 sq. m. to STX Commodities B.V.

13-9, 2022

CROSSOVER signs lease of approx. 5,000 sq. m. to STX Commodities B.V.

Amsterdam, September 12 2022 – STX Commodities has signed a long-term lease for approx. 5,000 sq.m. lettable floor area of office space in the high quality and sustainable office building CROSSOVER, a  landmark building situated on the South Axis in Amsterdam.

STX COMMODITIES B.V

Per July 2023 STX has leased 5,000 sqm of office space on the ground floor, 1^st, 2^nd and 3^rd floor and 36 parking spaces in the Crossover building for a period of 10,5 years.

STX is a leading global Environmental Commodity Trader, and a Climate Solutions provider for corporations. It has offices in Gothenburg (Sweden), Hamburg (Germany), Lyon (France), New York City (USA) and Singapore and is headquartered in Amsterdam (Netherlands) where it was founded in 2005.

STX has been and is at the forefront of global change away from pollution and from depletion of natural resources. STX has been pricing the cost of emissions and pollution for over fifteen years and has helped build trust in carbon-reduction and green energy trading. With its trading and Corporate Climate Solutions offering, STX ensures directly and indirectly that money goes to hundreds and thousands of projects that make the world a greener place, while providing corporations with the certified proof points of their contributions to environmental progress.The global STX team of 350+ people is growing fast, consisting of more than 50 nationalities, in 6 countries. The annual trading volume is close to EUR 1bln.

LETTING

The total rental area of the building is approx.11,000 sqm. Only 3,800 sqm is still available for letting of which 650 sqm is located on the top floor with a great view over Amsterdam. Another 1,500 sqm is let to an international law firm.

CROSSOVER is a 50-50% joint venture between area developer AM (part of Royal BAM Group) and Equity Estate launched in March 2021 for the development of a mixed-use building with 130 apartments and approx. 11,000 sqm of offices and a restaurant. The building is located in South Axis Amsterdam, which is the prime CBD of the Netherlands. The construction started in February 2021 and completion is scheduled for June 2023. The building will benefit from a BREEAM outstanding label and a WELL V2 Core Silver certification. This certification standard focuses specifically on the health and well-being of the users of the building. Crossover proves that it is possible to combine great architecture with the highest ambition in the area of sustainability, well-being, energy and efficiency.

JLL is the leasing agent on behalf of CROSSOVER in co-exclusive cooperation with DRS. NL real estate | Knight Frank  represented STX Commodities.