CONTACT US
Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}

APF International sells monumental office building Sarphati in the city centre of Amsterdam to Intuitae

06/07/2023

Sarphati is located at Sarphatistraat 8-14, next to the Amstel River in the city center of Amsterdam on freehold land. The historical properties were originally constructed in 1880 and have recently been extensively renovated into an interconnected modern office building that is awarded EPC label A+. Sarphati measures approx. 2,034 sq.m office space with several entrances and is fully leased to a diverse tenant base. With the acquisition of Sarphati, the French leading multi-family office Intuitae has - on behalf of its clients - accomplished its first acquisition in the Netherlands. 

Stijn Moll, partner Capital Markets at Cushman & Wakefield: "Despite the challenging market conditions, high-quality office buildings in the best locations can still count on sufficient interest from investors. The successful sale of Sarphati underlines the quality of this monumental building in the center of Amsterdam. We thank APF International for their trust and we look forward to further consolidating our long-term relationship."

“After an extensive renovation and successful leasing to various tenants, including MMS Group and Stories, we have successfully completed this project with the sale to Intuitae”, as stated by Jeroen Rothuijsen of APF International. 

 

APF International sells monumental Sarphati office building in downtown Amsterdam to Intuitae

“This acquisition of a high-quality office complex reflects a long-term strategic vision in an opportunistic trend. Despite the current environment, and rising interest rates, high-quality assets benefiting from strategic fundamentals remain highly attractive with the aim of securing wealth for the next generations.”, comments Luc Granger, Partner at Intuitae. 

During this transaction, APF received commercial advice from Cushman & Wakefield and legal advice from Osborn Clarke. Intuitae was advised by Sienna Real Estate (investment management), Atlas (tax), Drees & Sommer (technical), RCA (W&I), and Taylor Wessing (legal).  

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in approximately 400 offices and 60 countries. In 2022, the firm reported revenue of $10.1 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), Environmental, Social and Governance (ESG) and more. For additional information, visit www.cushmanwakefield.com.
 

More News

Netherlands Housing Market
Housing market analysis: Current Legislation and Regulations Insufficient to Achieve Ambitious Objectives

A study of stimulus measures and regulations in the Dutch housing market by Cushman & Wakefield concludes that policy objectives will not be met with current laws and regulations. 

Jos Hesselink • 14/12/2023

CAN'T FIND WHAT YOU'RE LOOKING FOR?

Get in touch with one of our professionals.
With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Cookies.
MORE OPTIONS
Agree and Close
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS