PERIAL Asset Management pursues its expansion on the Dutch office market through the acquisition of the long leased sustainable office property located next to Schiphol airport on behalf of its SCPI PFO investment fund.
The property is located in the Park 20|20, the first cradle to cradle business park in the world. The accessibility is outstanding as the property is 2 minutes walking from the Hoofddorp train station. From the station the Schiphol airport can be reach within 7 minutes and central station of Amsterdam within 20 minutes.
Hoofddorp is a well know and sought-after office location for both investors and occupiers. Amongst other, the micro-location is home of several multinational companies such as Asics, Bluewater, Danone, Disney, FedEx, Ingenico, Irdeto, L’Oreal, Sony…
The 2012 building features an anergy label A and a BREEAM excellent sustainability certificate. It includes 3,607 sqm of office space together with 77 covered and secured parking spaces and lies on a freehold land.
The property is fully let to Headfirst group, with a triple-net lease duration of 11 years without any break option, ensuring a steady and secured cashflow. Headfirst is a leading international HR service provider and a specialist in the professional organization of external employment.
The transaction was closed end of July 2021. The private seller was advised by HMK Notarissen. Perial was advised by L’Etoile Properties, DRS, Greenberg Traurig and Drees & Sommer. L’Etoile Properties will manage the property on behalf of Perial AM.
About L’Etoile Properties
L’Etoile Properties, created in 1990, is a pan-European investment manager present in Amsterdam, Hamburg, Paris, Madrid and London as well as in South Korea. It also covers Italy,
Eastern Europe, Scandinavia and the Emirates through local partnerships. L’Etoile Properties has been active with international institutional investors for more than 30 years in the investment and management of office real estate assets mainly, but also in hotels and logistics. L’Etoile Properties manages around 100 real estate assets representing a value of approximately € 7 billion and is supported by 85 employees across its various locations
L’Etoile Properties has recently been acquired by Sienna Investment Managers (previously known as Sienna Capital).
About Sienna Investment Managers
Sienna Investment Managers, GBL’s platform for alternative investments and real assets, is present in Luxembourg, London and, since spring 2021, in Paris. Sienna expanded further into third-party asset management in 2021 with the acquisition of L’Etoile Properties. Sienna now oversees €10 billion (including €2.7 billion of permanent capital or NAV) on behalf of its shareholder GBL as well as international clients, mainly through real estate assets, investments in private market funds as well as through direct equity investments in unlisted companies.
Groupe Bruxelles Lambert (“GBL”) is an established investment holding company, with over sixty years of stock exchange listing, a net asset value of €23 billion and a market capitalisation of €15 billion at the end of June 2021. GBL is a leading investor in Europe, focused on long-term value creation and relying on a stable and supportive family shareholder base. GBL strives to maintain a diversified high-quality portfolio composed of global companies, leaders in their sector, in which it can contribute to value creation by being an active professional investor.
Herengracht 562, 1017 CH Amsterdam, The Netherlands
Phone: +31 20 218 21 74