Westdeutsche ImmobilienBank (WestImmo), acting as arranger, is financing Hanzevast Capital's purchase of an office building in the city centre of Zwolle for a consideration of EUR18 mln. The property was acquired via Hanzevst's closed property fund.

The building with a floor space of 15,300 m2, is occupied by the Ministry of Economic Affairs and SenterNovem, a national technology agency.

WestImmo is one of Germany's leading commercial real estate financiers with a strong presence in the Western, Central and Eastern European markets, as well as in North America and Asia. The bank has 480 employees and total assets of approximately EUR 26 bn. In 2009 WestImmo committed more than EUR 6 bn new loans to its clients worldwide.