De Entree II office complex in South-East Amsterdam

Pressemitteilung - 23. Dezember 2020 12:52

Aroundtown repositions Amsterdam office asset with over 70% vacancy into a fully occupied thriving asset

Aroundtown acquired the property with the vacancy rate at over 70%, however by successfully implementing tenant retention and restructuring plans, tenants that had planned to vacate the property, changed course and renewed their leases under the new management. Furthermore, Aroundtown was also able to fill up vacancies due to the strategic location of the asset. By bringing in new tenants and closing prolongations with international blue-chip companies ranging from the mobile technology, and IT industry, to toy manufacturer, vacancy was fully filled. This development clearly illustrates the value of Aroundtown’s asset management expertise and ability.

The 13k sqm De Entree II office complex is strategically located in the heart of Amsterdam South-East’s office district. The building is next to the Johan Cruijff Arena (Ajax Stadium) and the Ziggo Dome, located on De Entree 230-266, 1101 EE Amsterdam. The building reception houses a cafe and the office floors are easily divisible into smaller parts, allowing flexibility required to meet smaller tenant requirements.

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Aroundtown SA (Symbol: AT1), gelistet im Prime Standard der Frankfurter Wertpapierbörse, ist das größte börsennotierte und am höchsten bewertete (BBB+ von S&P) deutsche Gewerbeimmobilienunternehmen. Im Jahr 2020 fusionierte Aroundtown mit der TLG IMMOBILIEN AG (TLG) zu einem der größten gewerblichen Immobilienunternehmen in Europa. Aroundtown investiert in ertragsstarke Qualitätsimmobilien mit Wertschöpfungspotenzial an zentralen Standorten in europäischen Top-Städten vor allem in Deutschland und den Niederlanden.

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Aroundtown SA (symbol: AT1), trading on the Prime Standard of the Frankfurt Stock Exchange, is the largest listed and highest rated (BBB+ by S&P) German commercial real estate company. In 2020, Aroundtown merged with TLG IMMOBILIEN AG (TLG) to create one of the largest commercial real estate companies in Europe. Aroundtown invests in income generating quality properties with value-add potential in central locations in top tier European cities mainly in Germany/NL.

Kontakt

Frederic Hilke

Pressekontakt Media Contact aroundtown@ir-on.com +49 (0) 221 9140-9719

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Amsterdam Arena 1
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Aroundtown SA portfolio of selected assets in the Netherlands

Aroundtown SA portfolio of selected assets in the Netherlands
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Hogehilweg 21 Office Building in Amsterdam-Zuidoost (Source/Copyright: Aroundtown SA)

28. Dezember 2020 08:00

Aroundtown signed leading educational institute for its Amsterdam office, reducing vacancy by 75% with negotiations ongoing for the remaining vacant area

Aroundtown completed the reletting process of its 9k sqm office property in Amsterdam that had recently become vacant following the departure of a large financial services firm as the single tenant. The reletting process was already executed prior to the asset becoming vacant, utilizing Aroundtown’s large letting network and efficient operational platform. The new tenant is well recognized as bein

Gelissendomein 5 Office Building in Maastricht (Source/Copyright: Aroundtown SA)

29. Dezember 2020 09:47

Aroundtown completes expansion and prolongation of long-term lease with an international blue-chip firm for a 18k sqm office complex in Maastricht, The Netherlands

Aroundtown finalized a long-term lease with one of the leading international blue-chip automotive companies. In addition to renewing the existing lease for a long-term period, the tenant also took up additional areas within the office complex. This long-term prolongation and expansion has been the result of Aroundtown’s focus on maximizing tenant satisfaction and efficient asset management.
Th

Rotterdam IJselmonde Business District (Source/Copyright: Aroundtown SA)

4. Januar 2021 08:58

Aroundtown prolongs leases with government tenants in 14k sqm office building in Rotterdam

Aroundtown prolongs leases with government tenants, resulting in a weighted average lease term of over 10 years for the entire office building. These prolongations are testament to the success of Aroundtown’s asset management strategy characterized by its tenant-oriented approach to asset management. This has not only led to higher tenant satisfaction, but this is also evident in the mutually bene

"Sevensixty" building at Amstelveenseweg 760, Amsterdam, Netherlands; Image rights: Aroundtown

10. Juli 2023 07:00

Letting success for Aroundtown in Amsterdam: Office building "Sevensixty" fully let for long term

Aroundtown concludes another letting success with the long-term extension of the lease with a tenant for 1,566 sqm and 33 parking spaces. Aroundtown also welcomes a new tenant in the building, who has signed a lease agreement for 617 sqm in this prime location in Amsterdam. The "Sevensixty" building at Amstelveenseweg 760 remains fully let.

Office building Rotterdam city centre (Source/Copyright: Aroundtown SA)

24. Februar 2021 07:00

Aroundtown reaches full occupancy for 18k sqm office property located in Rotterdam’s city centre

Aroundtown successfully signed new leases with multiple tenants thereby achieving full occupancy following the repositioning of this asset. The tenant quality is very high in this multi-tenant office property with the majority being international blue-chip tenants from the insurance and banking industry. Anchor tenant in the property is international insurance firm Aon.
Aroundtown signed new lo

Erasmusstaete office complex, Max Euwelaan 60-80 in Rotterdam; Image rights: Aroundtown

12. Juni 2023 07:00

Long-term letting success for Aroundtown: Existing tenant extends lease in Erasmusstaete Rotterdam

Aroundtown renews the lease with its tenant Vastgoed PG in the Erasmusstaete office complex on Max Euwelaan 60-80 in Rotterdam. The tenant will remain with office space of 5,750 sqm for a further 7 years and will be provided with 150 parking spaces in the underground parking garage.

"Dali" office building in Amsterdam; Image rights: Aroundtown SA

17. Juli 2023 07:00

Aroundtown and Lyreco sign long-term lease agreement for “Dali” office building in Amsterdam Zuidoost

Aroundtown has signed a long-term lease with tenant Lyreco B.V. for approximately 1,300 m² and 18 parking spaces.

Hogehilweg, Amsterdam; Image rights: Aroundtown

21. November 2023 07:00

Aroundtown's office building in Amsterdam fully let

Aroundtown has signed two long-term leases with Bergman Clinics for 1,500 sqm and Mentaalbeter B.V. for 700 sqm. With the arrival of these two new tenants, the office building at Hogehilweg 21 in Amsterdam-Zuidoost is now fully leased.