has acquired a 10,404sqm office building in Nootdorp, near The Hague, on behalf of one of its funds.

The recently developed property is fully let on a 20-year triple-net lease to Fugro, a global provider of geo-data and geoscience services, and will serve as its new office headquarters and research and development facility.

Clarion said the building is “highly sustainable� and will be net energy positive, with features including thermal energy storage connections, heat pumps and PV installations on the façade and roof. It also has a specialist rainwater collection and storage system designed by Fugro, which incorporates infiltration in deep soil layers and allows reuse of the water.

Max Rooney, director at Clarion Partners Europe, said: “This is a best-in-class asset with excellent sustainability credentials leased to a strong covenant, in a market where office vacancy levels are at a 10-year low. We continue to see corporates exploring sale-leasebacks, which is presenting a compelling opportunity for investors seeking stable, inflation-resilient income in today’s fragmented macroeconomic environment.�

Thorben Schaefer, managing director at Clarion Partners Europe, added: “Having been one of the first movers in the European sale-leaseback sector, we have the team, as well as available firepower, to execute on our significant near-term acquisition pipeline.�

Clarion Partners Europe was advised by Savills, Loyens & Loeff, and Arcadis. Fugro was advised by JLL and CMS.

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