Holland Real Estate - September 15, 2003
The German investor Commerz Grundbesitz Investmentsgesellschaft (CGI) has bought the new head office for PricewaterhouseCoopers (PwC) in Rotterdam for € 55 mln. This development by William Properties is approx. 22.000 m² and is the first office development to be built on Brainpark III.
Van Gool & Partners advised CGI with the transaction. The initial return on investment is approx. 7%. The building has been especially developed for PricewaterhouseCoopers and will be delivered mid 2005.
Engineers Arcadis and insurance company Axa will also have offices on Brainpark III. KPMG is also said to have an office here of approx. 25.000 m².
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Tuesday, September 16, 2003
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