CFI Property Management has purchased an office building of more than 5,100 square metres in Amsterdam.
The purchase price of €15.3 million represents an initial yield of 5.3 per cent after standard costs of 8 per cent. CFI was advised by Hamilton Osborne King. The building at 258-266 Herengracht is the Amsterdam headquarters of the international advertising company Wieden & Kennedy which also has offices in New York, Portland, Tokyo and Shanghai.
Wieden & Kennedy has signed a...
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