NorthStar Realty Europe extends lease agreement with Deloitte in Maastoren Rotterdam, the Netherlands

NorthStar Realty Europe has agreed on a long term lease extension with tenant Deloitte in the Maastoren office building located at the Wilhelminakade 1-103 in Rotterdam, the Netherlands.

The lease agreement comprises 22,585 sq m of office space, 962 sq m of storage space and 435 parking spaces in the accompanying parking garage.

With its 44 floors and 165 meter height, the Maastoren is an important landmark in Rotterdam and the tallest building in the Netherlands. The building, located on Rotterdam's Kop van Zuid, was developed by OVG and completed in 2010.

As part of the extension, parties have agreed on a further upgrade and improvement of the building. Landlord will create an enhanced and improved, vibrant and energizing multi-tenant entrance and reception facility on the ground floor.

Mahbod Nia, NorthStar Realty Europe’s Chief Executive Officer, commented: “We are very pleased to announce Deloitte’s lease renewal at the Maastoren building in Rotterdam. Deloitte’s commitment is affirmation of the building’s excellent facilities and location on Rotterdam’s Kop van Zuid”

Peter Stutterheim, Associate Director Savills Asset & Property Management: "With this lease extension and improvement of the building, the multi-tenant office building Maastoren is future proof. Deloitte takes up over 60% of the Maastoren office space and by maintaining current occupiers and attracting new tenants, we expect the building will remain fully leased.”

Tenant Deloitte was advised by CBRE. Savills advised the landlord NorthStar Realty Europe on the lease extension and renovation plans and is also responsible for property management.