The attractive multi-tenant building was constructed in 2009 and comprises 5,519 sq m lfa divided over a ground floor and 3 upper floors. 106 dedicated parking spaces are also included in the sale.

Sander van den Engel, Head of Agency Utrecht at Savills in the Netherlands, says: “This sale represented an excellent opportunity to acquire a multi-tenant office on a strategic location in the centre of the Netherlands. Due to the current uncertainty, we see investments being put on hold. Luckily, we also see transactions that are being closed - especially in the MidCap market. The sale of Iepenhoeve 1-9 is a good example of a successful transaction, despite Covid-19. The location, occupancy and sustainability made this an attractive investment opportunity, seased by SynVest.”

Savills (Utrecht office and MidCap team) and Synergy Business Lawyers advised the seller. The buyer was advised by VAD notaries.