Capricorn Capital Group BV has acquired the Rijnzathe 6 office building in de Meern, Utrecht. This ca. 10,265 m2 office building with 250 parking spaces is ideally located and configured to benefit from the Utrecht metropolitan region’s demand for attractive workspace with good public access, proximate transportation infrastructure and quality tenant amenities. Capricorn acquired the vacant property with private investors, and will commence a program of comprehensive refurbishment in January 2020. The resulting building will be suitable for multi-tenant leasing, with shared services and hospitality. Discussions with a number of interested tenants are already underway. As 2019 closes, this acquisition further underpins Capricorn’s strategy to successively acquire value-add and opportunistic direct real estate in the Netherlands, adding to a sizable and growing portfolio under management. Capricorn was advised by HVG Law, Alberts & Muus Bedrijfshuisvesting and Square Asset Management BV, which will manage the building. The seller was advised by Beaufort Bogaard Vastgoed.