Bruggebouw office building in Amsterdam: Lease extension with the municipality of Amsterdam

The municipality of Amsterdam renewed their lease for the Bruggebouw office building in Amsterdam and remains the tenant of an area of 1,544 sqm. The property is part of Aroundtown's Dutch property portfolio. The building is BREEAM certified, as is Aroundtown's entire Dutch office portfolio.

The Bruggebouw is located in the western part of Amsterdam, in the lively Bos en Lommer district. The direct neighbourhood is characterised by a diverse mix of apartments, offices, shops and restaurants.

The offices in Bruggebouw Noord are prestigious and modern in design, with an industrial look that emphasises the location on Bos en Lommerplein in Amsterdam-West. The building has an excellent location right next to the S104/S105 exit of the A10 motorway. There is also a direct connection to the central station, with a journey time of around 25 minutes. In addition, several bus lines run from the bus stop in front of the building in the direction of Sloterdijk station and the main railway station.

With this successful development, Aroundtown once again demonstrates its ability to provide long-term property solutions.

About Aroundtown

Aroundtown is one of Europe's largest real estate companies, MDax listed and focused on income generating quality properties that have potential for value-add in central locations mainly in Germany and the Netherlands. The portfolio comprises mainly office, residential and hotel properties. Hundreds of experienced employees from all areas of the value chain ensure that Aroundtown effectively realizes long-term potential. Professional organization, flexibility, innovation and extensive tenant services make Aroundtown a reliable partner for growth and success. Aroundtown is a sustainability leader in the European market with strong visibility in ESG indices such as Dow Jones Sustainability Index, Bloomberg Gender Equality Index and more. Aroundtown is a member of the European Public Real Estate Association (EPRA), the German Property Federation (ZIA), the German Sustainable Building Council (DGNB), the UN Global Compact Network Germany as well as a signatory of the United Nations Charter of Diversity. Aroundtown has received multiple EPRA BPR Gold Awards and EPRA sBPR Gold Awards for its transparent financial and sustainability reporting. Avisco (controlled by Yakir Gabay) holds 15% in Aroundtown (date: 29.07.2022) and Stumpf Capital GmbH 10% (date: 13.11.2023). Other shareholders include Blackrock, Norges, Vanguard, Allianz, BNP Paribas, Japan’s Government investment fund, Alliance-Bernstein, Dekabank, State-Street, Bank of Montreal and many other leading international investors. The main bond investors include ECB, GIC, Union Investment, DB, UBS, CS, M&G, Pictet, Credit Agricole and many other major institutional investors.

www.aroundtown.de