London, 16th December 2019 – Amundi Real Estate, on behalf of its funds, announces the acquisition of One Twenty - Allianz Tower, 120 Coolsingel, located in the business district of Rotterdam, the second largest city in the Netherlands.
One Twenty - Allianz Tower is an office building of 19,000 sqm. spread over 20 floors, fully leased to the Allianz Group. The tower is currently under renovation with delivery scheduled for 1st June 2020. The building will offer office space, an auditorium, a staff restaurant and underground parking for 207 vehicles, in line with the highest modern-day standards.
Ideally located in the heart of the business district, "One Twenty - Allianz Tower" is very close to the subway, just two stops from Central Station.
"We are delighted with this new transaction in Rotterdam which strengthens our European presence and fits perfectly into our strategy to diversify through quality assets. The One Twenty - Allianz Tower is in a prime location, completely refurbished and leased to a renowned tenant, offering immediate and secure income over the long term", comments Jean-Marc Coly, CEO of Amundi Real Estate.
Amundi Real Estate specialises in the development, structuring and management of real estate funds for retail investors, private banks, distributors, institutional investors, large companies and real estate professionals. Leader in France in terms of inflows and capitalisation in French open real estate funds (IEIF - September 2019), Amundi Real Estate’s assets under management total €35 billion*.
*Amundi Real Estate data as at 30 September 2019
Fany De Villeneuve
UK - International Press Relations
Amundi is the European largest asset manager by assets under management1 and ranks in the top 10 globally. It manages 1,653 billion euros of assets across six main investment hubs. Amundi offers its clients in Europe, Asia-Pacific, the Middle East and the Americas a wealth of market expertise and a full range of capabilities across the active, passive and real assets investment universes. Clients also have access to a complete set of services and tools. Headquartered in Paris, Amundi was listed in November 2015.
Thanks to its unique research capabilities and the skills of close to 4,500 team members and market experts based in nearly 40 countries, Amundi provides retail, institutional and corporate clients with innovative investment strategies and solutions tailored to their needs, targeted outcomes and risk profiles.
Amundi. Confidence must be earned.
Visit www.amundi.com for more information or to find an Amundi office near you.
- Source IPE “Top 400 asset managers” published in June 2019 and based on AUM as of end December 2018
- Amundi figures as of December 31, 2019
- Investment hubs: Boston, Dublin, London, Milan, Paris and Tokyo