Equity Estate sells office EY in Zwolle

9-8, 2022

Equity Estate sells office EY in Zwolle

Equity Estate has sold a single-tenant office building at Zwartewaterallee 56 in Zwolle to Veldboom. The office building, located along the A28 motorway, and with a lettable floor area of 5,520 sqm and 154 parking spaces, is fully let to Ernst & Young.

Queristics Investment Group, a joint venture of Equity Estate and a Middle-Eastern investor, acquired the newly built property in 2010. Queristics invested in Germany and Benelux, focussing on logistics and office real estate. In 2018, Equity Estate bought out its joint venture partner and refinanced the pan-European portfolio with Partners Group, a Swiss asset manager. With the sale of the office building in Zwolle, the last building in the Queristics portfolio has been sold.

"With the sale of Zwartewaterallee, we have more than achieved our objective and can focus on new opportunities in the market.", says Nard Schuddebeurs, COO of Equity Estate.

Equity Estate was advised by NL real estate | Knight Frank and the seller by KroeseTempert Bedrijfsmakelaars from Zwolle.