BNP Paribas leases 4,400 m2<⁄sup> in The Bank
On 7 December 2010, BNP Paribas and Kroonenberg Groep signed a contract for the lease of the third storey (4,400 m²) in the office building The Bank in Amsterdam, which will become the Dutch headquarters of BNP Paribas.
As part of its growth strategy, BNP Paribas was in search of a new location for its Dutch headquarters. Following a detailed survey of the market and a painstaking selection process, The Bank was ultimately chosen because of its historic location, the high-quality building and the opportunity it offers to house both the BNP Paribas headquarters and its Corporate Investment Banking activities in a single storey. The new location of its headquarters will provide BNP Paribas with a springboard for continued growth in the future and closer involvement in the Dutch market. This involvement was already recently enhanced by the opening of regional business centres in Rotterdam, Utrecht and Eindhoven.
BNP Paribas has had its Dutch roots based in Amsterdam since 1863. Its decision to opt for The Bank was partly inspired by these long-standing connections to the centre of Amsterdam. By remaining faithful to its historic base in Amsterdam, BNP Paribas intends to emphasize its position as a stable, long-term financial partner.
BNP Paribas currently has 1,500 employees in the Netherlands. With total assets of more than € 2,200 billion, BNP Paribas is the world's largest bank, which has emerged successfully from the international credit crisis. The bank has one of the highest credit ratings in its peer group.
The Bank building is a Kroonenberg Groep development, situated on the corner of Herengracht and Rembrandtplein in Amsterdam. This historic building has been completely renovated, with a significant focus on the use of sustainable materials. For example, The Bank has its own heat and cold storage system, daylight-dependent lighting, sustainable roofing and is fitted with high-performance double glazing. A special feature of the building is its splendidly restored atrium, which gives visitors an exceptional feeling of space as they enter the building.
In this transaction, DTZ Zadelhoff and Lexence acted on behalf of Kroonenberg Groep. BNP Paribas was advised by Holland Realty Partners. DTZ Zadelhoff and CB Richard Ellis are responsible for the lease.