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Union Investment completes acquisition of mixed-use complex in Amsterdam

Union Investment has officially taken ownership of The Pulse, a newly completed mixed-use complex located in Amsterdam's Zuidas (South Axis). 

The company acquired the project in 2021 for approximately €400 million and has now added it to its UniImmo: Deutschland open-ended real estate fund portfolio. 

The Pulse comprises 36,000 square meters of office space; 200 residential units (9,600 square meters); 1,600 square meters of retail and restaurant space; and a 2,700 square meters boutique cinema. 

The complex also prioritizes communal spaces and sustainability, featuring a public park urban forest on the eighth floor; numerous roof terraces; and target certifications of BREEAM "Outstanding" and WELL "Platinum". 

The Pulse was developed by a joint venture between Dutch firms Vorm and Edge.

Source: propertyeu.info on the 15th of November

https://propertyeu.info/Nieuws/Union-Investment-completes-acquisition-of-mixed-use-complex-in-Amsterdam/b426e13c-004e-4af6-9a32-eee499fdc025