ASR Dutch Mobility Office Fund Focuses Strategy exclusively on G5 Cities in the Netherlands

The fund sells one office in Zwolle and two offices in ‘s-Hertogenbosch. The ASR Dutch Mobility Office Fund sold three offices from its portfolio last year: Schellepoort in Zwolle and the offices Pavillon and Semaphore in ‘s-Hertogenbosch. This aligns with the fund’s refined strategy to focus on offices near major intercity stations exclusively in the G5 cities of the Netherlands: Amsterdam, Rotterdam, The Hague, Utrecht, and Eindhoven.

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Pieter Vandeginste, fund director of ASR Dutch Mobility Office Fund, stated: “We see that investors are interested in high-quality office real estate in the G5 cities. Office space take-up is also concentrated mainly in these major cities. By refining our strategy, we strengthen our proposition and thus our attractiveness to international institutional capital.”

a.s.r. real estate sold the Pavillon office in ‘s-Hertogenbosch on behalf of the ASR Dutch Mobility Office Fund to Epic Den Bosch B.V. as of July 1, 2024. The office has an area of approximately 5,056 m² and is located at Stationsplein 50 in ‘s-Hertogenbosch. On August 15, 2024, the Schellepoort office located at Lubeckplein in Zwolle, with an area of approximately 5,500 m², was sold to Xtra Ordinary Real Estate C.V. On December 20, 2024, the Semaphore office at Stationsplein 41, 43, and 81 to 117 in ‘s-Hertogenbosch, with an area of approximately 6,288 m², was sold to a fund initiated and managed by MOOI Vastgoed Management.

a.s.r. real estate was advised by Zuiderlink for the transactions in ‘s-Hertogenbosch and by CBRE for the transaction in Zwolle.

You can now read the full press release at the link below