Stichting Ymere Foundation has sold a multi-tenanted building of approximately 1,948 sq m LFA at the Krijn Taconiskade in Amsterdam to a private investor for an undisclosed price. The high-quality property, built in 2006, includes a basement, ground floor, six upper floors and 40 parking spaces. This building is part of a larger block with an owners' association. The contrast between the large windows and brick exterior gives the building a modern look and feel.

Krijn Taconiskade 266-294 is located on the west side of Haveneiland-Oost at IJburg. IJburg is an artificially built island in Amsterdam that was first inhabited in 2004 and intended to accommodate Amsterdam's growing population and tourism. Due to its relatively recent construction, the area is designed for the current needs of residents and visitors. The property on Krijn Taconiskade is in a unique and lively location with many restaurants and bars and provides access to the IJmeer from the adjacent harbour. In addition, the building is easily accessible by public transport from Amsterdam Central Station or by car through the Piet Hein Tunnel via highway S114.

Alexander Kimmel, Associate Director MidCap Investment at Savills in the Netherlands, says: "We are delighted to have assisted Stichting Ymere in the sales process of the property on IJburg. The green environment and modern architecture make the Krijn Taconiskade an attractive location. It is an area with great potential for companies looking to escape the city centre and the building presents an attractive investment opportunity."

Savills advised Stichting Ymere in the Krijn Taconiskade sales process. Keij & Stefels assisted the private investor in the process.