HighBrook divests Parktoren in Amstelveen

1-11, 2018

HighBrook Investors, the New York based private equity investor, has sold the multi-tenant office building Parktoren to Aspen Real Estate Investments B.V.

The building was acquired by HighBrook Investors in April 2017 with 40% vacancy. Following to the acquisition, Equity Estate managed the building and co-invested in the transaction. HighBrook and Equity Estate managed to lease out the vacant space completely. Reputable companies like Rabobank and Regus are located in the Parktoren. The building - with a total LFA of approximately 9.870 m² divided over ten floors and 84 parking spaces – is located at the Van Heuven Goedhartlaan 7-13 in Amstelveen, located at the edge of the lively city centre of Amstelveen and is easily reachable by public transport and by car. Parktoren has been fully renovated recently and has an energy label A.

HighBrook Investors was advised by Equity Estate, Van Gool Elburg Vastgoedspecialisten and Loyens & Loeff during the sales transaction. Buyer Aspen has been advised by their investment manager APF International together with DLA Piper, Nivab en PWC.