ASR fund invests €115m in Eindhoven office building

ASR fund invests €115m in Eindhoven office building

ASR Real Estate, the real estate arm of Dutch insurance group ASR, has purchased the Rabobank office at Fellenoord 17 in Eindhoven on behalf of the ASR Dutch Mobility Office Fund for €115 million. 

The modern sustainable office with a BREEAM Excellent certificate and A+++ energy label is located directly opposite Eindhoven Central Station. 

The office, completed in 2017, has a floor area of ​​25,645 m2, 546 parking spaces and a bicycle shed. 

The office is fully and long-term leased to Rabobank, but due to the design with multiple entrances and cores, it is also very suitable for housing several tenants in the future.

Pieter Vandeginste, fund director ASR Dutch Mobility Office Fund: “For the growth of the ASR Dutch Mobility Office Fund, we focus on offices located at mobility locations in the five most important cities in the Netherlands. The ambitions of the international XL node for the Eindhoven station area fit in perfectly with this focus.”

The office is located on the north side of Eindhoven Central Station and is part of the station area that will be transformed in the coming years under the name International Node XL.