Several Funds managed by Amundi Real Estate have recently purchased the NOW Building in Hoofddorp from Aberdeen Standard Investments. NOW Building is located at the Taurusavenue at Beukenhorst-Zuid in Hoofddorp and was completed in May 2017.
NOW Building was developed by Park 20 | 20 CV and designed by William McDonough, together with N30 Architects. Like the rest of the buildings composing the Park 20 | 20, NOW building has been developed according to the Cradle to Cradle® (C2C) philosophy, which main principle is, from conception to utilization: 0 pollution, 100% recycled.
The multi-tenant building has a lettable floor area of approximately 6,134 m2. The building consists of 4 office floors above the ground floor. The parking garage with space for 136 cars is located under the building and also offers space for storing motorbikes and bicycles. The building has been leased on a long-term basis to Macaw Nederland B.V., Sony Benelux, Delta Development Group and SwissRE.
A spokesperson for Aberdeen Standard Investments: “We are pleased to have completed the business plan for investors in the fund, having concluded the sale of this high quality, newly developed office complex. It is very well located, near Schiphol Airport and the sale is part of our ongoing strategy for the fund.”
The seller has been legally advised by Loyens & Loeff in collaboration with DLA Piper, technically advised by Royal HaskoningDHV and commercially by Cushman & Wakefield.
The buyer has been legally advised by Houthoff, technically advised by CBRE and commercially by L’Etoile Properties.