Peakside sells commercial and office property in Greater Amsterdam area to Data Centre Operator

Peakside Capital Advisors AG has sold a commercial/office mixed-used complex in Schiphol-Rijk, on the outskirts of Amsterdam, to a global data centre operator and investor. The property, located at Tupolevlaan 28-46, offers approx. 6,533 sq.m. of rentable space, of which 2,879 sq.m. is commercial and 3,654 sq.m. for office use. The structure, originally built in 1993 and modernised in 2001, was acquired by Peakside in 2019. It is currently leased to four tenants and includes additional land suitable for further development.

“With the digital transformation which is taking place, the demand for land suitable for developing data centres and data centre infrastructure is enormous,” says Simon Lutz, Partner at Peakside Capital Advisors. “We are delighted about this mutually beneficial sale transaction. With its superb location, the property in Schiphol-Rijk is ideal for the intended purpose and perfectly complements the buyer’s existing data centre footprint across Europe.”

Peakside Capital Advisors was advised by CBRE (commercial) and CMS Law (legal). Spring Real Estate provided asset management and property management services on behalf of the seller.