Dutch real estate investor and manager Zadelhoff has secured a €75M loan from Deutsche Hypo-Nord/LB Real Estate Finance to finance its office portfolio in Amsterdam.

The 10-year loan will be used to finance five properties across Amsterdam, including the Havengebouw, a protected heritage monument building in the city center by the waterfront, and four properties located on De Boelelaan and Antonio Vivaldistraat in Zuidas, one of Amsterdam’s main business districts. Paris Proof Real Estate Finance, a real estate debt and capital adviser based in Amsterdam, advised on the deal.

The Amsterdam-based Zadelhoff was founded by Cor van Zadelhoff in 1968 and holds a portfolio of approximately 40 buildings in and around the city, including offices, residential complexes and country estates.

Zadelhoff previously refurbished the Havengebouw in 2021, installing a thermal energy storage system so the building, which provides 11,700 square meters of leasable office space, runs on electricity and holds an A+ energy rating.

The other four properties in Zuidas all hold energy labels ranging from A to A+++, apart from the office at Boelelaan 28, which has an energy C label. Zadelhoff noted that it has earmarked additional energy-efficiency improvements for this building.

"The fast, pragmatic and flexible approach of Deutsche Hypo during the financing process and the terms and conditions of this 10 year loan, are giving Zadelhoff a lot of comfort for the future ahead," Zadelhoff Chief Financial Officer Bart Bruggeman said in a statement.

Zadelhoff’s office financing facility comes as Dutch office investment reached €985M in the first half of 2026, the strongest H1 since 2022 and up 66% from H1 2025, according to CBRE.

Private investors and family offices accounted for the largest share at 41%, with French SCPIs at 36% and institutional investors at 23%.

CBRE said foreign capital is mostly entering the office investment market through private parties and funds, as private capital remains the prevailing source of capital. Foreign investors accounted for 35% of Dutch office investments in H1 2026, above the historical average.