Dutch real estate developers and asset managers Edge and 3W real estate have sold a recently completed monumental office in Maastricht to a family office from the United Arab Emirates.
The office building, which was opened in June 2024 in the presence of Her Majesty Queen Máxima of the Netherlands, is the first renovated national monument in the Netherlands to become Paris-Proof due to its low operational CO2 footprint.
The buyer was assisted by BNP Paribas Real Estate in the purchase of the office. BNP Paribas Real Estate is also responsible for Asset and Property Management.
Michiel Santing, head of Capital Markets Netherlands at BNP Paribas Real Estate, said: 'The unique and high-quality office building that meets the highest sustainability standards, combined with the long-term involvement of the tenant, perfectly matches the wishes of our client, who wanted to expand his European real estate portfolio. This is a perfect example of our One bank strategy: the transaction was initiated by BNP Paribas Real Estate Netherlands in cooperation with BNP Paribas in the Middle East. BNP Paribas Real Estate provides Asset and Property Management and BNP Paribas REIM is involved in Investment Management.'
