The Exact HQ office building is an excellent match for the ASR Dutch Science Park Fund, as the acquisition fits perfectly with the fund’s objectives of acquiring high quality real estate on science parks. The ASR Dutch Science Park Fund, which was launched up earlier this year, exclusively invests in the most mature science parks in the Netherlands, including the TU Delft campus. This investment profile makes it a unique fund for institutional investors.
Fund Director Luc Joosten: “We are very pleased to announce that the ASR Dutch Science Park Fund is adding this property on the TU Delft campus to its portfolio. Both the property itself and the location fit in perfectly with the fund’s strategy, making this an excellent new addition.”
Reinier Wegman, Head of Sales at Savills Netherlands: “The area surrounding TU Delft is currently undergoing rapid development, and it’s especially popular among tech start-ups looking to attract new talent. There appears to be a growing appetite for Dutch science parks among investors, with funds being set up specifically to invest in the knowledge industry. This transaction confirms that trend.”
The seller was advised by Savills (commercial) and Dentons Boekel (legal). The buyer was legally advised by Houthoff.
About the ASR Dutch Science Park Fund
The ASR Dutch Science Park Fund was founded on 1 March 2019 by a.s.r. real estate. The fund invests in commercial real estate, focusing on the ten best developed science parks in the Netherlands. Through these investments, a.s.r. real estate actively contributes to the development of the Dutch knowledge sector, fostering local science park ecosystems and offering companies the opportunity to be closer to new technology and knowledge. This promotes the development of new knowledge and innovative products and services, creating valuable social returns.
The ASR Dutch Science Park Fund is the fourth sector fund founded by a.s.r. real estate, with a primary focus on institutional investors. As with the retail, residential and office funds, ASR Nederland N.V. acts as anchor investor.
Exact offers a broad range of software solutions that help SMEs optimise their business processes. In addition to financial products, Exact offers sector-specific solutions to a wide range of clients, including accountancy firms, manufacturers, wholesalers and service providers – powering 400,000 SMEs worldwide. Exact is the main sponsor of Formula 1 driver Max Verstappen.