L’Etoile Properties sells the Van Deventerlaan 50 in Utrecht on behalf of a German fund managed by Paribus Immobilien Assetmanagement

Amsterdam, 19 September 2018 – L’Etoile properties assisted Paribus Immobilien Assetmanagement in the sales process of the “Oval” building in Utrecht.

This office building covers an area of approx. 14,000 m² lfa divided over 5 floors and has 241 parking spaces on 2 basement levels. The property offers a spacious atrium that is currently used as a showroom and has connection point to two office wings. The property is currently let to Mercedes-Benz as their Dutch headquarter.

Paribus Immobilien Assetmanagement was advised amongst others by L’Etoile Properties. The buyer is a consortium of ARC Real Estate Partners and a US based private equity firm. ARC was advised by Simmons & Simmons.