Deutsche Hypo funds Zilveren Toren transformation in Amsterdam

Deutsche Hypo – NORD/LB Real Estate Finance is providing a €25 mln financing package to a private investor for the Zilveren Toren office tower in Amsterdam. 

Zilveren Toren

This funding will support the transformation of the building, an architectural landmark located next to Amsterdam Central Station.
The loan is structured in two parts: one to refinance an existing debt, and a second portion to be released after comprehensive renovations are completed. These renovations will convert the Zilveren Toren from its original 1990s design into a modern, sustainable, and versatile workspace, featuring significant upgrades to improve its energy efficiency.
Once revitalised, the approximately 5,000 m2 Zilveren Toren aims to serve as a leading example of sustainable urban development in central Amsterdam.
Martijn Turenhout, senior director Deutsche Hypo – NORD/LB Real Estate Finance Amsterdam, stated: ‘’As only 20% of the supply of offices in Amsterdam is currently Paris Proof, we are delighted to accompany the sustainable transformation of this iconic building with our financing. With this financing, we are making the addition of another sustainable building in the city of Amsterdam possible. We are very pleased to team up once again with this investor.”