1 March 2021

Rijksvastgoedbedrijf leases approx. 3,000 sqm lettable floor space in SQM Offices at Schiphol-Rijk

Time Equities has signed a lease agreement with the Rijksvastgoedbedrijf (RVB) for the lease of approximately 3,000 sqm lettable floor area of office space in the ‘SQM Offices’, located at Beechavenue 54-100 in Schiphol-Rijk.

The building is located at the Schiphol-Rijk office location, also known as Richport. This is an international campus-like office location, with plenty of room for greenery.

The ‘SQM Offices’ office building consists of approximately 11,000 sqm lettable floor area in total, divided over two wings. The RVB will rent the entire right wing. There is still approx. 5,500 sqm lettable floor space available, situated in the left wing.

The office building will be renovated with facilities according to the SQM Offices concept and will be completed in the second quarter of 2021. The renovation will include various general facilities, such as an SQM food market, general and modern meeting facilities and a relaxation area.

Time Equities, a global real estate investment, development and asset & property management company, purchased the office building in late 2020. Since 2016, Time Equities has also been operational in the Netherlands with the purchase of 36 offices with a total area of approximately 180,000 sqm.

JLL, together with BNP Paribas Real Estate, acted on behalf of landlord Time Equities in the conclusion of the lease agreement with RVB.