Equity Estate has divested a 16,500 sqm logistics building in Schiphol-Rijk

5-10, 2018

Equity Estate has successfully divested the logistics building located at Koolhovenlaan 35-45 in Schiphol-Rijk to a data center operator. Koolhovenlaan 35-45 is a modern logistic warehouse with a total lettable floor area of approximately 16,500 sqm. Since 1998, the building was fully let to Ricoh Europe (Netherlands) BV. Ricoh left the building just before closing. The buyer will transform the building into a data center.

The owner was a joint venture between Equity Estate and a institutional investor from the Middle East. Over the past few months 9 buildings in the joint venture were divested, amounting to an investment volume of EUR 82.5 mio, spread over Belgium, Germany and The Netherlands.

Knight Frank's European Capital Markets team and DLA Piper advised the seller on the sale.