An office property has been sold to an unnamed data center firm outside Amsterdam, the Netherlands.

Real estate firm Spring this month announced Peakside Capital Advisors AG has sold a commercial and office property in Schiphol-Rijk to a "global data center operator and investor" for development.

Tupolevlaan 28-46 Schiphol-Rijk Amsterdam Netherlands
Tupolevlaan 28-46 has been sold to a data center firm – Spring Real Estate

The property, to the south of Amsterdam at Tupolevlaan 28-46, totals around 6,535 sqm (70,340 sq ft) of commercial and office space.

Built in 1993 and renovated in 2001, the site was acquired by Peakside in 2019. It is currently leased to four tenants and also includes a development plot. From 2022, the site was at least partly occupied by logistics firm Ronnick Logistics BV.

Simon Lutz, partner at Peakside Capital Advisors, said: "In the course of digital transformation, the demand for suitable land for the development of data centers and data center infrastructure is enormous. We are delighted with such a tailor-made sale: Due to its location, the property in Schiphol-Rijk offers optimal conditions and perfectly complements the buyer's existing data centers in Europe."

The site is close to an Exa infrastructure property as well as NTT, Digital Realty, and Maincubes data centers.

Peakside was supported by CBRE and CMS Law. Spring Real Estate provided asset management and property management for the seller.

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