Date:September 28, 2015

ING sells office Velperweg Arnhem to Borghese Real Estate

ING and Borghese Real Estate Holding BV have recently reached agreement on the sale of the 60s built ING office, located at the Velperweg 45-49 in Arnhem. The building has a floor area of over 55,000 square meters and a parking garage for 900 cars. ING wants to permanently close the office end in 2016 as part of the relocation of its operations.

The office will change into a mix of features, with a focus on housing. Borghese Real Estate wishes to retain a portion of the building and the unique qualities of the location, such as the height of the terrain and the view from the buil. There will be a unique living environment.

Alderman Economic Affairs Ron König: “The office of the Velperweg in Arnhem is a striking building and also has a very prominent place. It deserves a rapid reallocation and that comes a lot closer now. We are happy about that…”

Borghese Real Estate has completed alongside new developments, earlier successful urban redevelopment projects. Such as the office ‘Prins en Keizer’ in Amsterdam and residential building “In het Noorderlicht ‘ in Utrecht.

In this transaction, the seller was advised by DTZ Zadelhoff and Allen & Overy and the buyer by CMS Derks Star Busmann.

For more information, please contact Enno Otten:
t: +31 (33) 246 40 10
m: +31 (0)6 46 14 46 93