August 10, 2012
TCN realizes a record volume of lease transactions
During the past year TCN managed to realize a record volume of lease transactions at the Media Park in Hilversum. In total Media Park Enterprise leased out 93,100 sqm – half of the total net floor space of 156,000 sqm. Most of these contracts were long term. Absolute peaks were deals with RTL Nederland for 20,000 sqm and DutchView for 27,000 sqm.
The last lease contract in this row was for RTL Wentink Events: they extended their lease for Studio 21 and connected office- and business space with three years. This contract concerns 5,700 sqm.
The Media Park went through a large transformation since TCN became the owner. The accessibility improved considerably, thanks to the park’s two new, spacious entrances and a footbridge that connects the Media Park directly with the adjacent railway station. Also, the fences around the park were removed and extra services were created for tenants. The park now includes a popular coffee corner/sandwich shop, a child daycare center, a physiotherapist and a fitness studio.
Jacco Zwerver, director of TCN Media Park: “The size of the transactions and the large number prove that the Media Park is very much in demand with media companies. We strongly believe in further growth of these media-related activities. Also with the present state of the economy we see an ever growing demand for space from traditional as well as new media companies. The Media Park shows a healthy mix of companies that represent all links in the media production chain: broadcasters, producers, registration- and broadcast services. Among the last group we find both traditional broadcasting services, as well as new ‘narrow casters’ via internet.”
The Media Park is owned and operated by Media Park Enterprise BV, a joint venture between TCN and Europa Fund II.