Rockspring secures three lettings at Dutch office building

Utrecht Rockspring Property Investment Managers has secured three lettings totalling 14,500 sq ft across two floors at its Le Mirage office building in Utrecht.

The new tenants are Cycleon Netherlands, a supply chain and service integrator, recruitment agency Timing, and software company BLOXS.

Cycleon has let 715 sqm and Timing and BLOXS will take 5000 sq ft and 1830 sq ft respectively, all on five-year leases.

Rockspring bought Le Mirage in June 2015 and has since secured 12 lettings totalling 83,500 sq ft, reducing the property’s vacancy rate from 66% to 22%.

Tenants include ABN AMRO, GGN Mastering Credit, First Pensions Financial Analyses & Support; Two-Be Engineering, Kneipp Nederland, Alstom Transport, YER Group, Freelance Fair, G20, and Myler.

Le Mirage is located at The Europalaan business district. The building was designed by Kohn Pedersen Fox and developed in 2008.

Comprising nearly 200,000 sq ft of office space across 21 floors, the property features a recently renovated ground floor reception with business lounge and a Vascobelo-operated espresso bar.

Laurien van Wieringen, asset manager for Benelux at Rockspring, said: “When we acquired Le Mirage in 2015, just three tenants were in occupation and it was 66% vacant.

“We have reduced the vacancy to circa 22%, positively impacted on the capital value of the property and increased the appetite for space in the building among prospective tenants.

“We are currently in negotiations with several more potential occupiers and anticipate that the property will be fully let by 2018.”

CBRE and Ans de Wijn Bedrijfshuisvesting are the letting agents for Le Mirage.

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