Berlin Hyp provides 62 million refinancing for Crossover

14-3, 2024

Berlin Hyp has provided a 62 million euro refinancing to Equity Estate and AM for the Crossover building on Amsterdam's Zuidas business district. The refinancing concerns the office part of approximately 10,500 m2 including the restaurant.

With the refinancing by Berlin Hyp, Bental Greenoak's construction loan has been fully repaid. ''It is an excellent example of how sustainability and a mix of affordable residential and commercial spaces can create attractive urban spaces for people and the future,'' said Rogier Bos of Berlin Hyp.

Crossover is a joint venture (50-50) between area developer AM and Equity Estate. It consists of 10,500 m2 of office space and 130 flats.

Equity Estate welcomes Outbirds as their newest tenant at Eempolis

5-3, 2024

Started from March 1, 2024, Equity Estate is proud to welcome the innovative minds of Outbirds as their newest tenant at Eempolis.

Outbirds is ready to launch its operations on the ground floor, taking up a spacious area of approximately 200m2. Specializing in guiding businesses through digital transformation, Outbirds adds a fresh perspective to their collaborative environment.

With growth in mind, Outbirds chose Eempolis strategically, seeing potential for expansion. The central location and sustainability of Equity Estate’s building (Note: A+++ label) were decisive factors.

Equity Estate is excited to include Outbirds in their diverse tenant mix. Their commitment to business support aligns with their vision for a thriving Eempolis Community.

Best wishes to Outbirds for succes on their growth and innovation journey.

Portbase extends the current lease agreement

12-2, 2024

Portbase extends the current lease agreement at BLAAK16 for another 10 years.

Equity Estate and Portbase have signed a renewed 10-year agreement for approximately 2,259 m² (rentable floor area) of office space and 33 parking spaces.

Although BLAAK16 dates back to 1970, this does not mean it is not sustainable. In fact, the building underwent a large-scale renovation in 2018, including renewal of facades and installations. As a result, it scores high on ESG, with a WKO-system, solar panels, charging stations and even certifications such as EPC label A++++, BREEAM Excellent and a WELL Gold certificate. It is one of the few office buildings in Rotterdam that currently meets DGBC's Paris Proof standards.

BLAAK16 features shared facilities, including a shared meeting, conference centre and a roof terrace. Additional services include a reception with a coffee bar provided by Frame Offices.

This extension confirms the top quality status of this office building in the Rotterdam office market. It underlines the growing demand for high-quality, sustainably certified office space in the city centre where offers are limited. This trend has been around for some time, but is now really starting to take shape.

Hanshow Netherlands BV and The Next Ad BV have renewed their long-term lease agreements

9-2, 2024

Both Hanshow Netherlands BV and The Next Ad BV have renewed their long-term lease agreements, continuing to make Quarter Plaza a vibrant business ecosystem.

From February 1st, 2024, Hanshow Netherlands BV has not only extended the existing lease agreement for 748 m² of office space and 5 parking spaces, but also extended it by approximately 734 m² and 10 additional parking spaces on the third floor, bringing the total to 1,484 m2 of office space and 15 parking spaces. A world leader in electronic shelf labels and digital shop solutions, Hanshow is strengthening their position as a leading provider of digital retail solutions worldwide, with implementations in more than 30,000 shops in 50 countries.

The Next Ad BV has also extended their long-term lease and moved into newly renovated, modern turn key office space on the first floor of Quarter Plaza. As a digital marketing agency, The Next Ad BV facilitates small businesses and enterprises to advertise at an advanced level, enabling them to grow effectively.

Hendrik van Duijn: ''Very happy that we can continue to welcome both Hanshow Netherlands BV and The Next Ad as tenants in Quarter Plaza. Both extensions underpin the quality that Quarter Plaza has to offer.''

Sustainable transformation for the Eempolis

8-2, 2024

Sustainable transformation for the Eempolis

The energy label of the Eempolis, one of Equity Estate's high-end office buildings located in Amersfoort, has been upgraded from A to A+++. This is a direct result of Equity Estate's investments in various sustainability measures over recent years.

Equipped with a heat-cooling installation and supplied power from 100% Dutch wind energy, Eempolis is already "carbon net zero’’. Their next goal? To make the Eempolis ‘Paris Proof’ by 2030 as part of Equity Estate's green and future orientated focus.

With this energy label upgrade and sustainability measures, the aim is to create a contemporary and efficient working space at Eempolis, all while taking concrete steps towards a greener future.

This confirms Equity Estate's determination to improve sustainable practices and position Eempolis as a leading sustainable office building in Amersfoort.

Stichting Aidsfonds prolongs lease

30-10, 2023

Equity Estate and Stichting Aidsfonds prolong lease in Quarter Avenue

During the third quarter of 2023, Equity Estate has successfully extended the lease agreement with tenant Stichting Aidsfonds – Soa Aids Nederland in the Quarter Avenue building, for 873 sqm.

Quarter Avenue is a multi-tenant office building, of 7,500 sqm located on the Condensatorweg 54 in Amsterdam. The building stands out on hospitality and ESG, with energy label of A+++. The building is equipped with a restaurant, shared meeting rooms, hospitable receptionist on 3 mns walking distance of Sloterdijk intercity trainstation.

Aidsfonds – Soa Aids Nederland is a Dutch foundation. Soa Aids Nederland helps the public and professionals prevent, detect and treat HIV and other STIs. Together with (medical) experts, they offer reliable, tailor-made information. This includes websites, guidelines and training courses for healthcare professionals and teaching materials for educational purposes.

Equity Estate is pushing the ESG levels of all buildings under management with a goal to be Paris Proof before 2030.

Stichting Aidsfonds was advised by Zadelhof Vastgoedadviseurs.

SHOWW Restaurant opens doors in CROSSOVER Amsterdam

31-8, 2023

Equity Estate and AM announce that in December 2023 restaurant SHOWW by Dutch Sommelier Champion Lendl Mijnhijmer and former Chef de Cuisine of Bougainville Dorus Floris will open its doors in CROSSOVER.

A long-term lease has been closed for some 340 sqm of commercial space on the ground floor. Interior designer Manon de Groot is working on the design.

CROSSOVER, a landmark building situated at the corner of exit A10 Zuid and the Europaboulevard, near Hotel nhow Amsterdam RAI and next to Terrace Tower, provides a new impulse to the eastern part of the South Axis, which means that the Kop Zuidas sub-area will continue to develop into a vibrant and sustainable district in the coming years. The construction started in February 2021 and delivery of CROSSOVER was completed mid-May 2023. CROSSOVER has received a so called BREAAM-NL design certificate ‘outstanding’, a bold sustainable achievement for a mixed-use building, and a WELL Core certification. The building is, among other things, energy neutral, with energy label A+++ and EU Taxonomy aligned.

CROSSOVER is a 50-50% joint venture between area developer AM 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 bar/restaurant.

Riverty leases office space at CROSSOVER Amsterdam

28-8, 2023

Equity Estate and AM announce the signing of a long-term lease in CROSSOVER, a high quality and sustainable building situated at the Zuidas  in Amsterdam, the prime CBD of the Netherlands. International firm Riverty Services Netherlands has signed an agreement for the 6th floor of 960 sqm of office space and 5 parking spaces. The strategic location and high sustainability ambitions were of decisive importance for Riverty.

CROSSOVER, next to Terrace Tower and nhow Hotel contributes to the development of Kop Zuidas into a vibrant and sustainable district. The construction started in February 2021 and delivery of CROSSOVER has been completed half May 2023.

The other tenants in Crossover are STX, Pinsent Masons, BDR Thermae Group and fine dining Restaurant SHOWW.

CROSSOVER has already received a so called BREAAM-NL ‘outstanding’ certificate, a bold sustainable achievement for a mixed-use building, and a WELL Core certification. The building is, among other things, energy neutral, with energy label A++++ and EU Taxonomy aligned.

Riverty is an international Fintech company specialized in creating easier ways for consumers to pay and for companies to monitor its financial flows. It offers a new perspective on financial solutions for both individuals and societies.

CROSSOVER is a 50-50% joint venture between area developer AM 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 bar/restaurant.

DRS Makelaars and JLL acted as advisor on behalf of the joint venture. Spring Real Estate acted as advisor for Riverty.

Blue Horizon Investors has successfully refinanced Blaak 16

15-8, 2023

Blue Horizon Investors, owner of the office building Blaak 16 in Rotterdam, has successfully arranged a refinance with BNP Paribas (Suisse) SA for a new senior facility.

Berlin Hyp was fully repaid. Since acquisition in 2018, the Blaak 16 building has shown very stable and predictable performance by way of rental growth and occupancy. 

Blue Horizon Investors is a long-term investor aiming on improving their assets by any means possible.

Obtaining a refinance, acquiring full ownership of the plot of land as well as bringing the building to a next level in the field of ESG support this strategy.

Equity Estate acquires two retail assets in the city centre of The Hague

15-8, 2023

Equity Estate Holding has acquired – through one of its subsidiaries - two A1-retail assets located at Venestraat 50-52 in the historic city centre of The Hague.

The assets are leased to Blue Tomato and Gusti Leder. This A1-shopping area is characterized by the diversity of (inter)national retail formulas combined with smaller boutiques, art galleries and a wide range of catering establishments.

Together with the Wagenstraat the Venestraat forms an important shopping axis with Uniqlo, H&M and Zara, amongst others closeby.

Blue Tomato is an international formula for snowboard, ski, surf, skate & streetwear with physical shops in six countries and a strong online platform. In the Netherlands, besides The Hague, it also has branches in Amsterdam, Haarlem and Utrecht. Other cities expected to open soon.

Gusti Leder is a German (online) retailer of exclusive leather goods and opened its first physical shop in the Netherlands last year in The Hague.
Gusti Leder now has several stores in Amsterdam, The Hague and Haarlem.

The assets comprise in total some 520 sqm of lettable area, retail space on the ground floor and the upper floors are used for storage.

Both assets are leased based on long-term lease contracts. The acquisition price amounted to EUR 2,800,000 net to vendor.

Seller was advised by Retail Capital and Equity Estate was advised by Brickstone.