Monday, 17 November 2025
Union Investment has added six new office tenants to The Pulse, its mixed-use development on Amsterdam’s southern axis. Cushman & Wakefield has signed a lease for just under 2,000 m², while energy company S4 Energy has taken approximately 550 m² for its marketing suite. Dutch energy group One Dyas has leased around 2,300 m² across two floors. Fast-growing internet platform Manychat has committed to 1,132 m² on the 14th floor, and Liberty Global, the world’s largest broadband provider, is taking just under 2,300 m² on two floors. In addition, trading company Pinley has leased approximately 3,500 m² on the fifth floor.
Union Investment purchased the development in 2021 for around €400 million. After completion in November 2024, the scheme was transferred to the open-ended real estate fund UniImmo: Deutschland.
Residential leasing has progressed steadily, with all 164 mid-range apartments now let, alongside most of the units in the free-market segment, including penthouses. Overall, around 96% of all apartments and 85% of the office space are currently leased.
Leisure and gastronomy components are also taking shape. Cinebeat boutique cinema has completed its soft opening, and the restaurant-bar-café Lucy—operated by the owner of Amsterdam’s well-known De Ysbreeker—opened on 7 November 2025.
“Just one year after completion of the quarter, 86 per cent of all space has already been let, mostly on significantly better terms than originally planned. This is a major success for our asset management team and shows that high-quality space in good locations remains attractive, particularly in the office sector. We are already in talks with other potential tenants,” says Henrike Waldburg, Head of Asset Management and member of the Management Board of Union Investment Real Estate GmbH.
The Pulse offers around 36,000 m² of lettable office space and 200 apartments totalling approximately 9,600 m². It also includes about 1,600 m² of retail and restaurant space, as well as a 2,700 m² boutique cinema. Public areas such as a park, an elevated urban forest on the eighth floor, and several roof terraces provide additional amenities for residents and office users.
