M7 Real Estate disposes of a Dutch office property
M7 Real Estate disposes of a Dutch office property

M7 Real Estate disposes of a Dutch office property

M7 improved the appeal of the property, repurposing the second floor of the building into a business centre for smaller occupiers.
RE+D magazine
21.12.2021

M7 Real Estate, the pan-European investor and asset manager specialising in multi-tenanted properties, announced the sale of an office building in the Netherlands, Heliconweg 62, on behalf of M7 European Real Estate Investment Partners IV to a local developer.

Situated west of the historical centre of Leeuwarden, Heliconweg 62, which comprises a total floor area of 2,765 sq m and 33 on-site car parking spaces, is currently 65% let to Kamer van Koophandel, the Chamber of Commerce and a number of SMEs.

Having acquired the asset in 2017, M7 improved the appeal of the property, repurposing the second floor of the building into a business centre for smaller occupiers and focusing on tenant retention.