Investment management by APF International is characterized by a proactive and committed approach. We combine data and insight of the current market with commercial instinct for the most profitable investment opportunities. Our customers appreciate our fast and flexible way of working, in which we respond practically and creatively to their wishes.
A joint venture between APF International and Angelo, Gordon & Co, acquired the vacant, dated office building at the end of 2015 for an amount of approximately €14 million with the aim of transforming it into a high-end and sustainable (BREEAM Very Good) office building.
In 2015, a joint venture between Ares Management and APF International purchased 18 office buildings with an opportunistic profile; a total of 150,000 m² with over 60,000 m² worth of vacancy. Since that purchase, the majority of the buildings in this portfolio has been renovated sustainably, repositioned for lease, leased out or transformed. In accordance with the business plan, a number of buildings was sold right away; in most cases after additional value had been created, in some cases preceded by a period of cash returns. Sales was based partly on structured (portfolio) processes, and partly on off-market transactions. The objective of the fund was exceeded by a landslide.
A joint venture between APF International and Angelo, Gordon & co, acquired the ‘Y-Point’ office building in early 2017. The building of approx. 7,200 m² v.v.o. is located on the Van Diemenstraat in the Oude Houthavens in Amsterdam.
APF has extended the lease contract for Timberland’s current European distribution centre (39,000 m²) and concluded a new lease contract for an expansion of 13,000 m². This involves a long-term lease contract for a total surface area of 52,000 m². This project was realised within seven months via a Design & Build agreement with the contractor.