La Française Real Estate Managers signs 3,418 sq m lease agreement in Amsterdam
La Française Real Estate Managers, acting on behalf of three collective real estate investment vehicles, has signed a long-term lease agreement with Harman Consumer Nederland BV (Harman) at 16 Danzigerkade, in the Amsterdam Houthavens. The lease comprises 3,418 sq m of business space and 34 parking spaces and will commence in August.
Harman designs products and solutions for car manufacturers, consumers, and businesses worldwide, including connected car systems, audio and visual products and enterprise automation solutions. Harman is best known in the Netherlands for the brands JBL and Harman Kardon.
Harman has chosen this office because of the building’s high quality (energy label A ++) and its industrial appearance with large open windows in combination with the unique view over the IJ waterfront. The Amsterdam Houthaven is centrally located and easily accessible. Other tenants in the area include Tommy Hilfiger Europe, Rijnboutt Architecten, Dentsu Aegis and Calvin Klein.
IJsbrand Brunger, Head of Leasing Amsterdam at Savills in the Netherlands, explains: “The six storey building is located in an up-and-coming dynamic area with a number of new amenities, such as bars and restaurants, gyms, homes and offices. In addition, the office building itself, completed in 2018, is equipped with a variety of facilities and services you would expect as a modern office user. This leasing transaction illustrates the importance of proactive asset and property management of a real estate portfolio. Despite challenging market conditions, Savills was able to add value by negotiating a new long-term lease agreement with Harman Consumer Nederland – maintaining a high occupancy ratio for our client La Française.”
Savills advised La Française Real Estate Managers during the transaction and is also responsible for managing the property. La Française Real Estate Managers is the asset manager. JLL advised Harman during the transaction and Spring Real Estate and DRS Makelaars represented the interests of the vacating tenants.