The sale of the modern business and office building, comprising approximately 7,100 sq m, at De Geer 14 in Tiel has been successfully completed. The high‑end, state‑of‑the‑art warehouse serves as the Benelux headquarters of Axalta Coating Systems Benelux B.V. The asset has been sold through a structured process, with the occupier remaining in the property on a long‑term basis.

The complex is strategically located in Tiel and is characterised by excellent accessibility and functionality. It offers high‑quality logistics specifications, extensive additional facilities and a sustainable A+++ energy label.

The sellers, Arab Bank and Savills Investment Management, were legally advised by HVG and commercially by 1530 Real Estate. The buyer, an institutional investor, was legally advised by Houthoff, commercially and technically by Savills, and environmentally by Tauw.