Pressemitteilung -
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.
