SCPI Transitions Europe from fund managers Arkéa REIM has acquired the Orion Campus Building in Hoofddorp, the Netherlands.
The office property was sold by Tristan Capital Partners for €27.4 million, it is reported.
The Orion Campus Building has around 11,000 square meters of Lettable Floor Area offices and also 315 parking spaces. It is let for over 90% on a multi-tenant basis.
The property is in Beukenhorst, the best-performing office district in Hoofddorp, around 30 minutes from Amsterdam.
The Orion Campus Building was constructed in 1999 and extensively renovated in 2021 in an Art Deco style. It has energy labels A/A+ and also a BREEAM Good score, based on a pre-assessment. The building is 10 minutes from Schiphol Airport.
SCPI Transitions Europe was advised by Sienna Investment Managers (Sienna IM) Benelux Real Estate Managers, Greenberg Traurig (legal) and also Hollis Global (technical). The seller was advised by Cushman & Wakefield (commercial) Houthoff (legal), and also Drees & Sommer (technical).
Sienna Investment Managers is a multi-expertise pan-European asset manager of the publicly traded investment holding company Groupe Bruxelles Lambert. With a team of around 300 professionals, Sienna IM operates in Paris, Luxembourg, London, Hamburg, Frankfurt, Madrid, Amsterdam and also Seoul. Spanning listed and private assets (real estate, private debt, private equity, and also venture capital), Sienna IM builds bespoke and innovative solutions for its clients, with purpose. At the end of 2023, the group oversaw €34 billion under management.
