French asset manager MNK Partners has acquired its first asset for its new pan-European fund MNK Europe+ launched in June.
Built in 2003, the 2,176 m2 office asset in Utrecht, the Netherlands, is fully leased to international audit, tax and consulting firm Mazars.
The asset is rated A in terms of energy performance, it is equipped with windows with automatic photosensitive shutters, electric charging stations in the parking lot, a heating and air conditioning system using a heat pump and an LED lighting system.
MNK Partners plans to further improve the green credentials of the building and is considering installing photovoltaic panels on the roof.
Mansour Khalifé, chairman of MNK Partners, said: ‘This first asset is fully in line with MNK Europe+’s strategy of acquiring quality assets and committing to a policy of “greening” its assets. It also demonstrates the ability of MNK Partners’ teams to diversify the geography of assets, to quickly seize opportunities that can generate a return (not guaranteed) and to favor investments in assets that respect ESG criteria.’
Located in an office district southwest of Utrecht, the building is close to a residential area of 1,500 houses with the necessary amenities that is currently being built.
The MNK Europe+ fund is targeting real estate assets in Western Europe with a “Core+” strategy, diversified and socially responsible, creating a portfolio that will tend towards a “net zero.”