Hamburg-based Wölbern Invest has acquired a newly built office property in the Waalhaven district of Rotterdam from local developer OVG. The financial details were not disclosed. Wölbern Invest said it will pay for the asset upon delivery expected for September 2012.

The environmentally-sustainable scheme will house the new headquarters of Cofely Nederland, part of the utility giant GDF Suez. Cofely Nederland, which has been headquartered at the Willingestraat site since 1942, has taken a 15-year lease on the new property. It offers 5,500 m2 of office space and 134 parking spaces on the bank of the Maas river.

Wölbern Invest KG is the closed-end fund management arm of the Wölbern Group with assets of EUR 1.8 bn under management.