Redept sells office building for SES in The Hague

1.750 m² office building in International Zone sold by tender

Johan van Oldenbarneveltlaan 5, Den Haag

This standalone office building of 1,750 m² with 22 parking spaces, located in The Hague’s International Zone, was sold by Redept. Redept set up a structured sales process with extensive pre-sale due diligence carried out via Vendr. The process was successful: a large number of bids were received, with the highest ultimately accepted. Redept ensured a tight and flawless sales process and achieved a sale price at the upper end of expectations. The vendor due diligence was performed by Hofstede c.s. and Stevens Van Dijck, and the notary involved was Dirkzwager.

Client

SES S.A. is a listed company in Luxembourg and on the Euronext in Paris as SESG. SES stands for Société Européenne des Satellites and was founded in March 1985. On 9 November 2001, SES Global S.A. was created following the takeover of GE Americom. As a result, it is now the largest commercial satellite operator worldwide. The group offers services in the field of distribution of television channels, radio stations, data transfer, telephony and access to the Internet via various satellites. SES S.A. is the umbrella organisation of SES Astra in Europe; SES Americom in the United States; and New Skies Satellites in Africa, South America, the Middle East and part of Asia. The group also owns shares in Ciel (70%) in Canada and Quetzsat (49%) in Mexico. SES S.A., previously SES Global, manages a fleet of 47 satellites worldwide.

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