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Warburg-HIH Invest Real Estate (Warburg-HIH Invest) has sold the Haagsche Hof office building in The Hague to Corpus Sireo through an asset deal. The property, built in 1996, has a gross lettable area of some 10,900 square metres and 298 parking spaces. The primary tenants in the building at Parkstraat 83-91 are Regus, a co-working company, and Schlumberger, the world’s largest oilfield services provider. Warburg-HIH Invest acquired the multi-tenant building in 2012 for a pan-European special AIF. The parties have agreed not to disclose the price of the sale.
Warburg-HIH Invest rented around 1,600 square meters to NVAO (Accreditation Organization of the Netherlands and Flanders) in 2019. The occupancy rate is 89 percent.
The property was sold as part of a structured bid process.
Source: Warburg-HIH Invest Real Estate