Berlin Hyp finances €73.4 million for the Zadelhoff/Wonam joint venture for conversion of an office complex in Amsterdam due to a change to mixed use

02 August 2021

Berlin Hyp is providing a loan of €73.4 million to the joint venture between the Zadelhoff and Wonam Groups for a development.

This will finance the conversion of the former ING headquarters in Amsterdam into a mixed-use property with a predominantly residential component. In addition, office space and retail areas are planned. The total rental area will be around 9,000 square metres.

Asset class: Office
Client: Zadelhoff/Wonam-Joint-Venture
Type of financing: Investment loan
Financing volume: € 73.4 million
Function of Berlin Hyp: Sole Lender

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