Union Investment has entered into a long-term leasing contract with law firm HabrakenRutten Advocaten, who will take up residence in the ITO Tower’s 10th floor in the heart of Amsterdam’s Zuidas by mid-2024. The ITO Tower’s prime location, mix of tenants, and range of dining and hospitality services contribute to its appeal. Since acquiring it in 2014, Union Investment has counted the tower as a key asset in their Amsterdam property collection.
Peter Habraken of HabrakenRutten Advocaten explains that their choice to settle in the Zuidas is strategy-driven, as it matches the firm’s top-tier focus areas such as infrastructure, real estate, energy, and technology. The location is ideal for business services and offers the connectivity they need to centralize their team and support the firm’s development.
Irene van Esseveld of Savills Netherlands remarks that the law firm’s commitment to a long-term presence in the ITO Tower reaffirms the demand for office spaces in the Zuidas due to its amenities. She recognizes Union Investment’s commitment to maintaining high standards, including sustainability, and wishes HabrakenRutten Advocaten success in their new location.
In this deal, Union Investment was supported by Savills, while HabrakenRutten Advocaten received advice from Van Gool Elburg Vastgoedspecialisten, which is part of Dils Company.
