05 September 2017
Bouwinvest’s Dutch Office Fund has signed a total of 4,500 sqm new leases to-date in 2017 at its World Trade Center (WTC) office complex in Rotterdam, with other existing tenant contracts being extended.
Among the new tenants are Habibsons Bank, Ironshore Agency Limited, IQ Medical Ventures and Jade Logistics. International companies Kikkerland and Language Partners have moved to larger spaces within the building.
The building’s flexible working environment, contained with the WTC Rotterdam Business Center, is also proving to be very popular with users for both the flex spots and the business rooms.
The WTC Rotterdam now houses over 250 companies on fixed tenancies, with more than 140 flexible users of the facilities, and this community is growing rapidly.
In a major refurbishment completed earlier this year, the WTC’s sustainability features, such as climate–control were upgraded and the building was reconfigured to accommodate more multi-tenants and flexible working space, as insurance against changing future market trends. The lower four floors of the 90 metre-high tower were renovated and the industrial areas in the oldest part of the building divided into 80 sqm to 1,000 sqm office spaces.
Bouwinvest’s Office Fund invests in sustainable multi-functional and multi-tenant buildings, mainly in the four largest cities of the Netherlands’ central Randstad urban conurbation, which in-house research has shown provide the best returns over the long-term. The WTC Rotterdam, with its location at the heart of this increasingly vibrant Dutch port city, is a good example of the Office Fund investment strategy.
Cushman & Wakefield, Ooms and JLL. Advised Bouwinvest on the WTC Rotterdam lease contracts.