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Valad Europe lets 3,000 sq m of offices in Dutch Landmark Portfolio

Valad Europe has let 3,025 square metres of office space in three separate lettings on assets in the Landmark Portfolio.

At Pikeursbaan 15 – 23 in Deventer, the social housing foundation Woonstichting Rentree signed a new 10 year lease on 750 sq m of space. The building is located in the centre of Deventer, close to the main highway connecting Amsterdam with Germany and is currently let to four tenants.
At Einsteindreef 125–127, in Utrecht, the bailiff company Groenwegen en Partners Gerechtsdeurwaarders renewed a lease on 1,369 sq m of office space. Located next to the Utrecht ring road, the 9,021 sq m office building is currently let to five tenants including INC Research Netherlands.
At Stationsplein 9, Gouda, Waarborg Platina Goud Zilver renewed a lease on 906 sq m of office space. Totalling 4,376 sq m, the building comprises four floors and is currently let to nine tenants.
All the assets are in the Landmark Portfolio which Valad Europe was appointed to manage in May 2013. Since being appointed, Valad has completed a number of asset management initiatives including several lettings, and also traded the LJ Zielstraweg 2 office building in Groningen. The original Landmark Portfolio comprised 13 office assets, located predominantly in the Ranstad area, including an 8,000 sq m asset in the Zuidoost district of Amsterdam.
Richard den Hartigh, Valad Europe’s head of asset management for the Benelux region, says: “This new letting and two lease renewals are typical of how we are creating value in the Landmark Portfolio. Our focus is on developing the existing tenant customer relationships, finding new tenants for the vacant units and repositioning assets in order to improve income and capital values across the portfolio.”

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