Locally the building is famous for being the headquarters of two national newspapers in The Netherlands. Since OVG Investments purchased the building as a part of the Alexander portfolio the building is ready for its second life. But not after OVG will redevelop the building in order to make it more sustainable.
The building will be renovated on a large scale. This involves, among other things, renewing all existing installations and making them more sustainable, thereby achieving a significant improvement of the energy label. The aim is to increase the current G-label to an A-label. In addition, the interior of the office building will be transformed and New Tide will be equipped with a completely new installation.
The office district Alexander is situated at the northeast side of Rotterdam, along the A20 motorway and benefits from excellent accessibility both by car and public transport. International connectivity is provided both through Rotterdam The Hague Airport and Schiphol International Airport, which can be accessed within 15 and 45 minutes by car respectively.
The Alexander district is mostly characterised by large-scale office properties, located near the shopping centre Alexandrium. The shopping centre consists of several parts which together form one of the largest planned shopping clusters in the Netherlands.
The Alexander district is a prominent office location with large properties, such as the Lotus complex which houses the headquarters of energy provider Eneco. Other renowned tenants include Coca Cola, Proctor & Gamble as well as the National Police and several educational institutions.