Deka Immobilien sells Herengracht 531-537 in Amsterdam
After 22 years of ownership, Deka Immobilien has successfully sold its prime office investment ‘Herengracht 531-537′ in the historic Amsterdam canal belt. Built in the 17th century and adorned with an Art Nouveau façade by J.P.H. de Man in 1904, it boasts a rich history. It served as a population register until the 1990s and underwent extensive modernization in 2000, retaining its historical charm. The property offers 4,481 sqm of office space, 25 parking spaces and is fully leased to Private Bank InsingerGilissen.
The historic building is an architectural masterpiece that has shaped Amsterdam’s skyline since 1903. It is listed as a municipal monument, combining high-quality office and archive spaces, thereby merging historical significance with modern office standards, making it an outstanding example of the symbiosis of tradition and innovation.
Deka Immobilien was advised by JLL and NewGround Law. Buysse & Partners was advised by Houthoff. Deutsche Hypo acted as financing partner.
