UK’s Tristan Capital fund acquires Dutch office complex for $61.6 mln

UK real estate investment management firm Tristan Capital Partners’ latest opportunity fund, EPISO 5, has made its first investment with the purchase of an 18,000 square meter multi-tenant office complex in Amsterdam.

EPISO 5 made the investment together with Dutch investment firm Timeless Investments which has a significant stake in the deal.

The property, Kauwgomballenfabriek (KBF), acquired from Dutch investment management firm APF International and real estate firm Lingotto Investment B.V., comprises of five buildings situated in the Omval area of the city, on the eastern side of the Amstel River.

Tristan Capital said that the KBF, which was purchased for around 54 million euros ($61.6 million), is a very attractive prospect for potential further development.