Kadans Science Partner has extended her portfolio with the purchase of TNO’s Test Center in Helmond. This is the first acquisition of Kadans on the fast developing Automotive Campus Helmond. The property is bought from a private investor.
TNO Test Center Helmond is a knowledgecenter with offices and various automotive test facilities. At the location various crash tests are simulated and various research labs are specifically arranged for motor tests. Automotive Campus Helmond is located in Brainport Region and is both a national and international hotspot for development and innovation in the field of smart and sustainable mobility solutions. Currently, the campus is home to over 40 businesses, educational and knowledge institutions.
TNO Test Center Helmond encompasses 26,095 square meters and is currently leased by TNO, the Dutch Organization for applied scientific research and TASS/Siemens, which tests new technologies for the automotive sector in Helmond. Both tenants have agreed to a long term lease.
In July 2017, Kadans launched a joint venture with Oaktree Capital Management. Kadans expects to expand its real estate portfolio with the help of Oaktree’s experience, large network and financial strength.
TLF real estate in combination with Taylor Wessing were responsible for the structuring of the sale. Kadans was advised by CMS.
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