L’Etoile Properties Sienna IM advises Novaxia Investissement on its first acquisition on the Dutch office market from Credit Suisse and will manage the property on behalf of Novaxia

Novaxia Investissement acquires the Taurusavenue 125 in Hoofddorp from Credit Suisse through the acquisition of a sustainable office property located next to Schiphol airport on behalf of its SCPI Novaxia NEO fund.

Novaxia Investissement was advised by L’Etoile Properties Sienna IM on the acquisition of the Asset on the Taurusavenue 125 in Hoofddorp. 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 known 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 building is constructed in 2011 by OVG Real Estate and features an anergy label A. It includes c. 5,000 sqm of office space together with 109 covered and secured parking spaces and lies on a freehold land.

The property is fully let to FedEx Express International, who is also leasing the neighboring property, ensuring a steady and secured cashflow. FedEx Corporation is an American multinational delivery services company headquartered in Memphis, Tennessee. Fedex provides high value-added logistics, transportation and related business services through focused operating companies and is since 1973 leading in the field of transportation and information.

Novaxia Investissement was advised by L’Etoile Properties, Greenberg Traurig and Drees & Sommer during this transaction. The seller, Credit Suisse, was advised by Van Gool Elburg and Houthoff. L’Etoile Properties will manage the property on behalf of Novaxia Investissement.

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