Savills advises on new lease agreements Alpha Tower, Amsterdam

On behalf of BGV VI Holland 3 GmbH & Co. KG., Savills has signed new lease agreements in the Alpha Tower in Amsterdam Southeast. The high quality office building located next to the Amsterdam ArenA stadium comprises approximately 19,800 sq m office space. The property consists of 22 floors, making it one of Amsterdam's tallest office buildings. The transaction includes two lease renewals and a new lease agreement with Smith & Associates.

Tenant UBMi has signed a new, long-term lease extension for approximately 1,440 sq m of office space on the 13th and 15th floor of Alpha Tower. Tenant Ystrategists currently leases 365 sq m of office space on the 13th floor and will renew and extend their lease agreement with 565 sq m on the 14th floor. In 2018, Ystrategists will move internally to two consecutive floors on the 7th and 8th floor with a total of 1,450 sq m of office space.

New tenant Smith & Associates has signed a lease agreement for 630 sq m on the 22nd floor of the office building, which offers a beautiful view over the city of Amsterdam.

Following these transactions, 2,000 sq m of office space remains available in the Alpha Tower, including 900 sq m on the 20th floor.

Peter Stutterheim, Associate Director Savills Property Management: ''The Alpha Tower proves to be a very pleasant and luxurious working environment that remains attractive to current tenants while also attracting new tenants. The overall appeal of the building, the prime location and the lively ground floor - with amongst others a convenient meeting centre - are highly valued.’’

Savills advised landlord BGV VI Holland 3 GmbH & Co. KG on the lease extensions as well as the new lease agreement. Cushman & Wakefield advised tenant UBMi, Rockstone advised Ystrategists and Ideal Consult advised Smith & Associates.