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

16-12, 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.