Real I.S. and the Dutch government real estate agency "Rijksvastgoedbedrijf" announce the long-term extension of a lease agreement for the office building "The Book" at Kingsfordweg 1 in Amsterdam's Sloterdijk district. The entire office building, which comprises almost 40,000 square metres and 650 parking spaces, houses Customs and the Dutch Tax Administration. "The Book" has been part of the closed-ended real estate fund "Bayernfonds Niederlande 1" since its acquisition in 2010. At that time, the office property was already leased by the Dutch Government to house the Dutch Tax Administration.

The Office building “The Book” was designed in the 90s by Abe Bonnema for the accommodation of publisher Reed Elsevier which explains the shape of an open book. It is located directly along the ring road A10 and within walking distance of the railway station Sloterdijk.

Melanie Grüneke, Head of Real I.S. Netherlands says: "We are pleased with the lease extension in this landmark building. The building is in the middle of an area that is undergoing a comprehensive transformation into a mixed area combining living, working, tourism and entertainment – a sought-after area with a rich history becoming more and more vibrant."

Real I.S. was commercially advised by Savills with legal support from Loyens & Loeff during the renewal of the lease agreement.