ARTICLE
24 May 2023

NewGround Law Advises BEOS Swiss Life On The Acquisition And Sale-And-Lease-Back Agreement For Fugro's TechCenter

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NewGround Law B.V.

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NewGround Law is a top niche boutique, breaking new ground in real estate law since 2019. The firm is based in Amsterdam at the Zuidas and was founded by the Netherlands’ leading real estate legal professionals. The five partners are bringing more than one hundred years’ experience in representing a wide range of both national and international clients. NewGround Law has a strong focus on real estate, environmental, zoning and energy law and on dispute resolution in real estate matters.
Fugro TechCenter is located at business park ‘Heron' in Nootdorp in the Netherlands. Fugro was founded in 1962 in The Netherlands and is one of the world's leading specialists in geodata.
Netherlands Real Estate and Construction

BEOS AG and Swiss Life Asset Managers have acquired Fugro's TechCenter. The property, with the highest LEED Platinum Certification and EPC Label-A, is a 10,800 square metre multifunctional building in The Netherlands. The TechCenter is characterised by its sustainable and resource-saving building concept. On September 26, BEOS AG and Fugro Vastgoed B.V. signed a the long-term sale-and-lease-back agreement for this property.

Fugro TechCenter is located at business park 'Heron' in Nootdorp in the Netherlands. Fugro was founded in 1962 in The Netherlands and is one of the world's leading specialists in geodata. Under the agreement the TechCenter will remain one of Fugro's primary business locations in the Netherlands.

The purchaser is the real estate fund "Swiss Life Real Estate Funds (LUX) S.A., SICAV-SIF – ESG European Industrial & Logistics", which was launched by BEOS AG and Swiss Life Asset Managers. BEOS AG is one of Germany's leading asset managers and developers of corporate and light industrial real estate in Europe. BEOS currently manages a portfolio of 157 commercial properties, and is part of Swiss Life Asset Managers since 2018.

BEOS Swiss Life was legally advised by NewGround Law and commercially by 1530 Real Estate. Fugro Vastgoed B.V. was advised by CMS and commercially by JLL.

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