REAL I.S. acquires Hollandia in Amsterdam from ING REIM NL
Yesterday, Real I.S. acquired Hollandia in Amsterdam on behalf of their real estate special fund BGV IV. The fund, which was launched in 2010, is the first fund by the Real I.S. Investment GmbH (KAG) and has a target volume of approx. EUR 700m.
Hollandia is a high-end office development of approx. 9,950 m² and is situated close to Amsterdam's central railway station. The project was completed in September 2007 and has been fully leased on a long term basis to TomTom International BV since then.
Hollandia was part of the ING Dutch Office Fund, a real estate fund managed by ING Real Estate Investment Management Netherlands. REAL I.S, was advised by Loyens & Loeff and Drees & Sommer, ING REIM was advised by DRS
Makelaars and NautaDutilh.
ING Real Estate Investment Management
Sara Thijssen, Global Communication Manager
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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.
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