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Zinc Real Estate Group acquires Technische Unie headquarters in Amstelveen

Kantoor Technische Unie
The Headquarters of Technische Unie in Amstelveen has been sold to the Zinc Real Estate Group. The high-quality office has a lettable floor area of approximately 6,500 sqm including 140 parking lots on a spacious freehold plot of 8,300 sqm. Thanks to the recent investments done by the seller and tenant, the building is in an excellent condition and is certified with an energy label A+.

The building located at the Bovenkerkerweg 10 & 12 in Amstelveen is situated on the border of the Middenhoven residential area and Legmeer business park. For the Legmeer district, the municapility of Amstelveen has expressed its ambition to transform the area into a more modern residential/work area.

Since the completion of the building in 1990, Technische Unie has been the occupier of the building. Technische Unie is a subsidiary of Sonepar, a worldwide market leader in the field of B2B distribution of electronics products and solutions. Technische Unie has agreed on a long-term lease extension in 2020.

Whilst Colliers has advised the seller commercially, Loyens & Loeff had provided the seller with legal and fiscal advice. The buyer, Zinc Real Estate Group has received assistance throughout the transaction from Shield Capital, Osborne Clarke, PWC and SGS Search.

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Tom van Laar

Associate Director

Amsterdam

Tom has been active in the real estate industry since 2014 in various roles. In January 2017 Tom became part of the Capital Markets Team, where he focuses on commercial real estate and more specifically on office investments. In his role he advises clients on the acquisition and divestment of assets. Amongst his clients are both institutional investors as well as private equity investors. Besides single asset- and portfolio transactions, Tom has been involved in significant (non-performing) loan transactions such as Project Swan and Project Purple.

Prior to joining the Capital Markets Team, Tom has worked in the Valuations department as a registered valuer. During this time he gained experience with the valuation of commercial real estate and developed his specialism for offices.

 

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