APF International has acquired the office building at Euclideslaan 151 – 191 in Utrecht from Harbert Management Corporation and QUAN Real Estate Investors. They bought the building in a portfolio at the beginning of 2019, leased it optimally in a short period of time and subsequently sold it to the new owner.
The office building on the Euclideslaan has a lettable floor area of approximately 3,922 sq m. The property has 36 parking spaces in the parking garage and 46 parking spaces on the parking deck. The building is fully let, including a long-term lease to the Parnassia Group.
The property is located on the Rijnsweerd business park on the east side of Utrecht, directly on the A27 and A28 highways. Rijnsweerd is characterised by high-quality office buildings where many financial and business service providers such as PwC, EY and ASR have established themselves. The Utrecht Science Park and the Uithof, Utrecht’s university grounds, are just a few minutes away.
Sellers Harbert and QUAN were advised by Greenberg Traurig during the sales process. APF International was advised by PwC, Albers en Van Tienen civil-law notaries and Osborne Clarke.