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Lettings··1 min read

Aroundtown extends 5,000 square metre lease with Albeda in Rotterdam

Aroundtown has agreed a long-term lease extension for around 5,000 square metres with educational institution Albeda in Rotterdam East and is modernising the property to improve energy efficiency.

AI generatedAroundtown extends 5,000 square metre lease with Albeda in Rotterdam – AI-generated illustrative image
Aroundtown extends 5,000 square metre lease with Albeda in Rotterdam. Illustrative image generated using artificial intelligence (AI). The image does not depict a real property, person or event and is not a documentary photograph. Labelled in accordance with Article 50(4) of the EU AI Act.

Real estate company Aroundtown has agreed a long-term lease extension with educational institution Albeda for approximately 5,000 square metres of lettable space in Rotterdam. The property is located at Prins Alexanderlaan 51 in the eastern part of the city. With this agreement, the building remains fully let to the long-standing institution.

Albeda is considered the largest institution for secondary vocational education in the Rotterdam region. At the Prins Alexanderlaan location, the curriculum focuses primarily on vocational training in the fields of healthcare, nursing, social work, and pedagogy. Through the extension, the institution secures its presence in an established educational cluster in the Prins Alexander district.

Sustainable modernisation and transition to fossil-free operation

In parallel with the lease extension, Aroundtown is advancing the energy-efficiency optimisation of the property. As part of a targeted modernisation programme, two heat pumps and photovoltaic installations will be fitted on the roof areas. Consequently, the property will operate entirely without a gas connection in future, improving the building's energy performance rating from A to A+.

The location in the Prins Alexander district is characterised by its direct proximity to the Alexandrium shopping and business centre as well as a diverse urban mix of offices, retail, and residential space. The neighbouring A20 motorway and the Rotterdam Alexander railway station provide direct connections to regional train, underground, and bus services.

Focus on established educational locations

  • —Long-term full occupancy secured for the approximately 5,000-square-metre property
  • —Upgrade of the energy rating from A to A+ through heat pumps and photovoltaics
  • —Complete elimination of fossil fuels in ongoing building operations
  • —Excellent infrastructural connections at the Rotterdam Alexander transport hub

Sander van Holland, Head of Asset and Property Management at Aroundtown Netherlands, emphasised the relevance of the location. He noted that Prins Alexanderlaan has developed into an important educational hub in Rotterdam East due to the immediate proximity of several institutions. The company therefore greatly welcomes the continuation of its established partnership with Albeda and looks forward to further supporting the future-oriented development of the property.

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