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Principal European Core Fund Acquires Forward Funded Helix Office Asset in Utrecht

107,639 Sq Ft Was Forward Funded in €44m Agreement with Developer AM
The Helix in Utrecht (Source: Principal Real Estate Europe)
The Helix in Utrecht (Source: Principal Real Estate Europe)

Principal Real Estate Europe, on behalf of the Principal European Core Fund, has completed the acquisition of the 10,000 sq m Helix office building in Utrecht, which it forward funded in a €44m development agreement with area developer AM in January 2020. This marks the completion of the transfer of the building from AM to PECF.

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News | Principal European Core Fund Acquires Forward Funded Helix Office Asset in Utrecht