Aviva Investors Real Estate France has acquired, on behalf of one of its clients, Keizersgracht 572, an office building in Amsterdam from APF and Angelo Gordon.
Built in 1685, Keizersgracht 572 is an historical asset situated in the UNESCO protected world heritage site of the Canal district in Amsterdam.
The building has been completely refurbished to a Grade A standard while retaining the historical character of the front house. The property comprises 1,680 sqm of office space arranged over a basement, a lower floor a raised ground floor and 4 upper floors.
The property offers a very beautiful garden as well as a terrace and features an Energy Performance Certificate (EPC) Label A++, the lead architect was Benthem Crouwel Architects.
The building is located in the prime canal area of Amsterdam, one of the most sought-after locations in the Netherlands. The asset offers excellent connectivity via bicycle, train, metro and tram.
Grégoire Bailly-Salins, Head of Transactions Europe at Aviva Investors Real Estate France comments: “We are delighted to have acquired a prime office building in the heart of Amsterdam’s canal and to secure another asset in such an iconic and highly desirable part of the city. Developed to the highest environmental standards, Keizersgracht 572 is awarded label A++ which makes this asset unique for an historical office building. We believe the city will continue to be one of Europe’s topperforming office markets over the long-term, fuelled by its strong location, accessibility and pool of talent”.
Matthijs Bakker, Partner at APF added : “Having acquired the asset vacant, APF and Angelo Gordon are pleased to see it pass to a core investors hand fully redeveloped and fully occupied.”