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Nysdam sold

Image: Atenor
Image: Atenor

It was at close of business on Friday that Atenor announced the sale of the Nysdam Office Park, to a company managed by Project2, an Antwerp property developer.

In 1997 Atenor itself, through the owning company of the building – Hexaten – began the construction of a premium Business Park on the site of the Nysdam estate in La Hulpe. Nysdam is one of the rare office buildings which can genuinely claim to be set in rolling countryside. In the style of traditional chateaux, the building is reached via an entrance driveway of several hundred metres from the main road running through La Hulpe. Nysdam also benefits from magnificent views over the Château de La Hulpe and its park.

This exceptional setting is not at the expense of access, however. The site has a direct bus line that connects it to La Hulpe train station in just 5 minutes, bicycle parks and charging points. It is 15 km from Brussels and a few minutes’ drive from the Ring and the E411 motorway.

Nysdam offers over 15,600 m² of office floor space and is formed by 2 wings of 6 and 7 floors rising above a common ground floor. It has been equipped to meet the requirements of today's businesses, with a conciergerie offering a wide range of services, lounges and fitness rooms. The building's ground floor, fitted with a vast co-working space, houses ‘Buzzy Nest’ a business incubator that provides support and advice to young start-ups entering the digital sector. In 2019, he building underwent several renovations. The entrance hall on the ground floor and several floors were entirely redeveloped. The building’s outer courtyard has been redesigned and a new outdoor car park created for visitors and deliverers. There is also a large underground car park.

Atenor has succeeded in achieving a 100% occupancy level in the building over recent years, and along withy Buzzy Nest, tenants now include Atenor itself, BDO, Imerys, Taktik, and Stantec.
Atenor says that this transaction fits in with its strategy addressed to investors of not keeping any investment building in its portfolio, in order to focus the group's human and financial resources on the redevelopment/development core business.
Tim Harrup
13-01-2020


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