IVG rents remaining space orly plaza to TVHG Budget Group Netherlands B.V.
IVG Institutional Funds GmbH closed a long term lease agreement with TVHG Budget Group Netherlands B.V., for the lease of the ground floor of the Orly Plaza building, located at Orlyplein 157 in Amsterdam.
The transaction consists of approximately 900 sqm. multipurpose space and offers TVHG the possibility to facilitate the dynamic growth of the organization and its increasing demand for hotel supportive catering and retail in the building, where TVHG operates a Holiday Inn Express Hotel as well.
With this transaction IVG Institutional Funds GmbH has fully rented out the 10,000 sqm. of the Orly Plaza building.
In all transactions TVHG Budget Group Netherlands BV was advised by Colliers International.
Building owner IVG Institutional Funds GmbH was advised by TREC, Lexence N.V. advocaten & notarissen and Verwey Vastgoed.