Prudential Financial's real estate arm Pramerica Real Estate Investors has acquired the Crystal Tower office building in Amsterdam from KFN for over EUR 67mln. The 95-metre high building is earmarked for Pramerica’s open-ended real estate fund TMW Immobilien Weltfonds. Designed by Dutch architectural studio AGS, the 27-floor property was completed in 2002 and provides 20,000 m[sup]2[/sup] of office space and parking facilities for 214 cars. The asset, located in the Teleport business park in Sloterdijk in the northwest of Amsterdam, is mostly let to Deloitte (about 65%).
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