White Estates buys in Amsterdam EUR 125m offices

White Estates Investments has agreed with Commerz Grundbesitz (CGI) on the acquisition of the Atlas office complex located in the center of Amsterdam-Zuidoost for EUR 125 mln. The complex is vacant at present, but the annual rent for the property could reach some EUR 15 mln. Atlas includes five office buildings and 1,682 paring spaces. The total office space comes to about 74,000 m2, whist 1,100 m[sup]2[/sup] is used as show room and 320 m[sup]2[/sup] is dedicated to other purposes.

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