Private Investor buys Laan Corpus den Hoorn in Groningen from ING REIM NL
Acting on behalf of the ING Dutch Office Fund, ING Real Estate Investment Management Netherlands (ING REIM NL) has sold the office building Laan Corpus Den Hoorn in Groningen, The Netherlands, to a private investor.
The office building was built in 2000 and the entrance was modernized in 2009. The property comprises high-end office space of approximately 3,200 m² and 100 parking places. It is located nearby the Martini Hospital, about two kilometres from the city center of Groningen. The building is fully leased to Deloitte Holding BV. The lease will expire in 2015.
Laan Corpus den Hoorn was part of the ING Dutch Office Fund, an unlisted real estate fund managed by ING REIM NL, targeted at institutional investors. The ING Dutch Office Fund has total assets under management of EUR 2.2 billion in 81 properties of which the majority is located in the four major office markets of the Netherlands: Amsterdam, Utrecht, the Hague and Rotterdam.
The private investor was advised by DTZ Zadelhoff. Deltastate makelaars en vastgoedadviseurs acted on behalf of ING REIM NL.
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ING Real Estate Investment Management focuses on the investment management of quality real estate in all major global markets with a total portfolio of EUR 66.2 billion (as per 31 December 2010). ING Real Estate Investment Management is one of the leading investment management companies and serves a broad client base from four continents, Europe, North America and South America, Asia and Australia.
ING Real Estate Investment Management is part of ING Group, a global financial institution of Dutch origin offering banking, investments, life insurance and retirement services to over 85 million private, corporate and institutional clients in more than 40 countries.
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