On behalf of Geofinance NV we have purchased a beautiful monumental urban villa at the Saxen Weimarlaan in Amsterdam South. The villa, a national monument, with a LFA of 440 m² is located at a superb location overviewing the Vondelpark. The area is considered as a high end live and work area in Amsterdam.
Geofinance N.V., an international operating company that provides oil and gas production services, will occupy the villa themselves.
Estadium has acted on behalf of the buyer.
Acquisition of a Shopping Centre /
On behalf of a Dutch private investment fund, Estadium has purchased a supermarket with other shops in Panningen (L).The property has a total LFA of 2,900 m² and main tenants are Jan Linders and Zeeman.
Estadium has acted on behalf of the buyer.
The vendor was the Amsterdam Stock Exchange listed fund VastNed Retail.
New office for NNEK /
Noordnederlands Effektenkantoor (NNEK) signed a new lease for their new Amsterdam Office.The new office is located at the Minervalaan in Amsterdam South and replaces their current offices next to the Amsterdam Stock Exchange at the Rokin in Amsterdam Centre. The new office had a LFA of 700 m².
NNEK is a Dutch family owned securities and asset manager founded in 1986 in Groningen.
Estadium was instructed by NNEK to advice on the new housing.
Acquisition Canalhouses /
On behalf of a large international investment fund Estadium advised on the acquisition of 2 monumental canalhouses.The properties are part of the UNESCO world heritage and located at the prestigious parts of the Herengracht and Keizersgracht. Both properties are currently used as offices.
On behalf of the same client Estadium is active with some new Dutch investments and looking for opportunities.
Purchase Retail portfolio /
On behalf of a Dutch private investment fund, Estadium has purchased 4 retail properties.
The properties are leased to KPN, Kruidvat, La Ligna and Takko and are located in Apeldoorn, Almelo, Eerbeek and Zeist.
Estadium has acted on behalf of the buyer, and Estadium Beheer has taken up the property management of the purchased buildings.
The buildings were sold by Elizen Vastgoed and the AEX listed investment firm VastNed Retail.
Development of several Care Centres /
At several locations in the Netherlands, Estadium is now working on the development of multiple private living facilities for senior citizens.
Almost all these developments consist of remodeling existing buildings into apartment complexes with a special focus on combining living with (health) care.
In these developments, Estadium is working closely together with the care entrepreneur, who will – in all cases – be signing a long term rental agreement for the whole complex.
Development of new Logistics Centers in Venlo /
Recently Estadium has taken up the development of 60,000 m² in Venlo (Limburg).
The development consists of 2 new Distribution Centres, to be built at the sites of Trade port West and Trade Port Noord, in Venlo.
The DC to be realised at Trade Port West, called ‘Traveller 4’, will be 20,000 m² large. This DC is situated at tha last sight location at the A67 motorway near Eindhoven and the German Ruhrgebied.
The other DC to be developed; ‘Traveller 5’, will be a Distribution Centre at the size of ca. 40.000 m², which will be built modularly. Because of this modular way of building, this site offers the opportunity to ‘grow along with’ the need for space by the tenant. This way, thebuilding can now be constructed along the lines of the current need for space.
These developments are in collaboration with H. van den Boogaard Projecten BV, Tegelen (Limburg).
Purchase of a Shopping Centre in Sittard /
On behalf of a Dutch investor, Estadium has purchased a Shopping Centre in the city of Sittard (Limburg).
The Shopping Centre consists of a Jumbo supermarket combined with seven separate shopping units.
The Shopping Centre also contains a private car park, and has the residential area to the east of the Sittard city centre as its service area.
Estadium has acted on behalf of the buyer, who has also taken up the management of the purchased buildings.
The buildings were sold by listed investment firm VastNed Retail.
Estadium Real Estate Management /
Having just signed several new instructions for real estate management, this relatively new part of the services being offered by Estadium B.V., is now beginning to grow to quite a considerable size.
In order to be able to respond to the increasing demand for real estate management, ‘Estadium Real Estate Management B.V.’ was started up in the summer of 2012.
The most important cause for the growth in the demand for real estate management, is the current economic climate. It has made market circumstances change substantially, causing a growing need for broadly experienced advisors who can manage a whole portfolio, with due care, in these uncertain times.
Within a year of founding the Real Estate B.V., the number of real estate management instructions has been growing rapidly. This will be related to the direct and “hands on-mentality” in which a business approach is combined with a human approach, and which is so characteristic for Estadium.
The current Real Estate Management portfolio of Estadium contains no delayed payments whatsoever, and Estadium has also managed to control and even reduce the service costs, at the same time making sure that the buildings are now in a better state of repair than they were before they were handed into the care of Estadium.
Acquisition of Amsterdam canal buildings /
On behalf of a Dutch investment company, Estadium has purchased 2 canal buildings in Amsterdam. Both buildings are in use as office spaces and are located in the city centre.
One of the buildings is 1.100 m² large and is a Rijksmonument, dating from 1667 and once belonging to the family Van Loon. The other building of ca. 3.000 m², is situated at the Leidsegracht and has 15 private in-house parking spaces.
Purchaser is the Amsterdam stock exchange listed real estate fund NSI.
Estadium Real Estate Management will also take on the management of both buildings, on behalf of the buyer.
Several new deals /
In the last few months of 2012, several buildings were sold for Deutsche Pfandbriefbank.
These buildings were several office spaces in Amsterdam, and also a 7.500 m² large sports the city of Den Helder in the north of Holland. This complex contains a.o. a fitness area, several tennis courts, a Spa and several catering facilities. The building was acquired by the new user of the building, using it for the premier league Dutch basketball team ‘Den Helder Kings’.
Retail acquisitions /
On behalf of a Dutch private investor, Estadium has acquired a portfolio of several shops situated in the cities Eindhoven and Deventer. The shops are being leased to different national chains. The building in Deventer is an official monument and is part of the protected city centre.
The shops are being leased to different national chains. The building in Deventer is an official monument and is part of the protected city centre.
Estadium advised on behalf of the buyer. The purchaser also asked Estadium to take up the management of the acquired buildings.
Vendor is the Amsterdam stock exchange listed real estate fund VastNed Retail.
Official opening of HQ Sole Technology /
Late November of 2012, the owner and founder of Sole Technology, officially opened the new European Head Office in Amsterdam.
This sustainable building is situated at the Amsterdam port ‘Minervahaven’, and completely fits Sole Technology’s corporate identity. From this Head Office in Amsterdam, Sole coordinates all her European activities for her own labels like Emerica, Etnies and Altamont.
In 2010 Estadium also advised the owner, developer and tenant of this building, in the realization of this new Head Office.
Estadium sponsors speed skating team KNSB Baanselectie /
In October 2012, the ice speed skating season 2012-2013 officially started off. This season, Estadium is one of the sponsors of the selected speed skating team ‘de Baanselectie’ at the ice skating ring Jaap Edenbaan in Amsterdam.
The selection of speed skating team members have been training hard last summer, in order to skate some good races this winter. They can be seen frequently in their Estadium – Andantino competition outfits.
Individual shops acquired /
On behalf of a Dutch private investor, Estadium has acquired several stores at the city centre of Purmerend.
The vendor was the Amsterdam Stock Exchange listed property fund VastNed Retail.
Considerable increase in Capital Management activities /
Over the past few months, the Capital Management activities of Estadium have shown a sharp increase, with the recently signed instruction for the management of 4 real estate portfolios.
The reason for the increase in demand for Capital Management activities, seems to lie in the current economic climate. Investors have an increasing need for a partner who can proactively advise them on how to handle the challenging situations they are being confronted with these days. Hands on, no nonsense, assertive, proactive, experienced and reliable, are the essential qualities required nowadays.
Apart from ‘regular’ portfolio management activities, Estadium also advises its clients on a strategic level, i.e. in assembling the right portfolio or in applying financing structure, in marketing and in special projects.
Estadium’s clients are mostly professional private real estate investors as well as some large international institutional investors.
Considerable increase in Capital Management activities /
Over the past few months, the Capital Management activities of Estadium have shown a sharp increase, with the recently signed instruction for the management of 4 real estate portfolios.
The reason for the increase in demand for Capital Management activities, seems to lie in the current economic climate. Investors have an increasing need for a partner who can proactively advise them on how to handle the challenging situations they are being confronted with these days. Hands on, no nonsense, assertive, proactive, experienced and reliable, are the essential qualities required nowadays.
Apart from ‘regular’ portfolio management activities, Estadium also advises its clients on a strategic level, i.e. in assembling the right portfolio or in applying financing structure, in marketing and in special projects.
Estadium’s clients are mostly professional private real estate investors as well as some large international institutional investors.
Estadium advises on rent reviews /
On behalf of a private investment fund, Estadium Real Estate Advisory was the advisor in several rental price re-evaluations.
In all cases it concerned shopping areas in the Randstad area. Without exception, rent increases were realised. And, in a number of cases, also a new long term rental agreement deal was closed.
Q1 Sanitair rents 2 stores /
Estadium closed a letting transaction for 2 retail units to Quality One Shops. One of the units is located at the shopping boulevard “Dordt” in Dordrecht, and the other at shopping boulevard De Bossche Boulevard in Den Bosch. Quality One Shops will be using both these acquired stores, for her new store-formula for bathroom equipment.
Q1Shops.nl is originally an online shopping website for the Netherlands and Belgium, with an assortment of over 200.000 articles of bathroom equipment, varying in product groups and offered at very sharp prices.
Q1 Sanitair will open both new stores in September 2012, showing her bathroom equipment and other sanitary products like designer radiators, kitchen taps and tiles, in various showrooms.
Next to the internet shop, these ‘regular’ stores will offer Q1 more possibilities to show her products to the customers and also to add the touch of personal advice.
Q1 has signed a long term agreement, for both locations. In total, Q1 is renting approx. 1.700 m².
Both new stores are situated at shopping boulevards which are owned by investment funds being managed by Rockspring.
Estadium is Rockspring’s advisor in the Netherlands.
Media Markt rental at Bossche Boulevard /
MediaMarkt has signed a long term agreement for leasing a large building at the shopping centre Bossche Boulevard in Den Bosch. The rented space concerns 4.800 m².
At the end of 2010 Estadium Real Estate Advisory was consulted by Rockspring, for the acquisition of the Bossche Boulevard; the most important shopping woonboulevard in the Province of Noord-Brabant. The acquired complex covers ca 40.000 m2 and was built in 1977 and was fully renovated in 2003.
At the purchase, Estadium recognized the potential of business complexes lying behind the acquired building. It was Estadium’s advice to develop these complexes by refurbish them into shopping space, thus making sure the Bossche Boulevard is surrounded by other shops by contributing to a stronger city centre.
After acquiring the building, Estadium – together with Oever Zaaijer architects, Heren 2 and Rockspring – has coordinated the development of the new building. The plans voor this redevelopment, are now being executed. After completion, the boulevard wil have a brand new allure and also the routing to the shopping boulevard will be optimised.
The renovation project is expected to be completed by mid 2014. Then MediaMarkt wil take up its residence in the new part of the large building.
Rockspring is an independent fundmanager in real estate; one of the biggest in Europe and active in 14 countries. Rockspring is characterized by performing active asset management. The Dutch portfolio contains a.o. 3 shopping boulevards for ‘home&living’, now being renovated and redelveloped with active participation of Estadium Real Estate Advisory.
Estadium is Rockspring’s consultant where all projects in the Netherlands are concerned.