Savills News

Deka Immobilien acquires Terrace Tower, Amsterdam

Deka Immobilien has acquired the Terrace Tower office building, located at the South Axis in Amsterdam, the Netherlands. The building is approx. 17,000 sq m divided over 14 floors. The property offers outstanding energy efficiency and has a BREEAM Excellent certificate.

Clive Pritchard, Head of Country at Savills in the Netherlands, says: “Terrace Tower is a spectacular building. Not only due to the high level of finishing including climate ceilings and a full glass facade makes this a special property, but even more so due to the big terraces offering the tenant the possibilities to go outside, host events, have drinks and enjoy the greenery. Especially given the fact that due to Covid-19 tenants are conscious of the importance of fresh air, it is a big plus that people can choose to go outside and enjoy some fresh air.”

Savills advised Deka Immobilien during the Commercial Due Diligence phase.

 

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