La Francaise buys Dutch office block

La Française has bought an office building in The Hague for three collective real estate investment vehicles.  

The six-storey property (pictured) is located at 69/71 Anna van Saksenlaan and was sold by an institutional investor. Financial details were not disclosed.

It has 9,324 sqm of floor space and 55 indoor and 52 outdoor parking spaces. The fund manager said the building and its equipment fully integrate sustainability with an A-energy label, “ample” bicycle storage, electric charging points – and a beehive on the roof top.

The office is fully let as the headquarters to FMO, the Dutch entrepreneurial development bank.

Jens Goettler, managing director of La Française Real Estate Managers – Germany, said: “Located in a city renown for the abundance of its green spaces and rated among the top cities in the Netherlands to offer such a balanced work and life environment, we are confident in the long-term attractivity of the property.

“Furthermore, Beatrixkwartier is transforming into a mixed-use development with offices, child-care facilities, a health club, a conference centre, etc, and drawing in a variety of international organisations and large corporates.”

© 2021 funds europe

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