Deka Immobilien Strengthens Zuidas Portfolio with Databricks Lease at Sustainable Office Redevelopment ‘The Rock’

Deka Immobilien Strengthens Zuidas Portfolio with Databricks Lease at Sustainable Office Redevelopment ‘The Rock’

(IN BRIEF) Deka Immobilien has signed a long-term lease with Databricks for around 13,000 square meters of office space in ‘The Rock,’ a landmark office building in Amsterdam’s Zuidas district. The property is currently undergoing a major renovation that will modernize communal areas and office floors while significantly improving sustainability features. Planned upgrades include new collaboration spaces, energy-efficient lighting, refurbished interiors and enhanced amenities, with completion expected by the end of 2026. The building, part of the WestInvest InterSelect real estate fund, is targeting BREEAM In-Use ‘Excellent’ certification and an A++ energy efficiency label. The agreement highlights strong demand for sustainable, high-quality office space among data and AI-focused companies in prime European business locations.

(PRESS RELEASE) FRANKFURT, 3-Mar-2026 — /EuropaWire/ — Deka Immobilien has secured a long-term tenant for its flagship office property ‘The Rock’ in Amsterdam’s Zuidas district, signing a lease agreement with Databricks for approximately 13,000 square meters of office space. The agreement strengthens the position of the building as a future-focused workplace in one of Europe’s most prominent business locations.

Databricks, a data and artificial intelligence company that enables organizations to develop advanced AI agents using their own data, will occupy a significant share of the building following its comprehensive redevelopment. The lease underlines continued demand from technology-driven companies for high-quality, sustainable office environments in central urban locations.

‘The Rock’ is currently undergoing an extensive renovation designed to modernize both shared and private spaces while significantly improving the building’s sustainability performance. The ground floor and mezzanine levels are being transformed into a communal hub featuring a reception area, hospitality services, an all-day bar, multiple meeting rooms and flexible collaboration spaces. These areas are intended to support interaction, informal meetings and day-to-day workplace needs.

The renovation also includes a complete redesign of the office floors on levels one, two and nine through twenty-two. Planned upgrades encompass new ceilings, energy-efficient LED lighting, modernized sanitary facilities and refurbished lift lobbies. Sustainability is a central focus of the project, with the building being adapted to meet contemporary environmental standards. Completion of the renovation is scheduled for the end of 2026.

The property forms part of the real estate portfolio of the WestInvest InterSelect open-ended real estate fund. Following the completion of all refurbishment works, ‘The Rock’ is expected to achieve BREEAM In-Use certification at the ‘Excellent’ level, alongside an A++ energy efficiency rating. These certifications are intended to confirm the building’s long-term environmental performance and operational efficiency.

With the addition of Databricks as a tenant, ‘The Rock’ is positioned as a modern, sustainable office destination aligned with the needs of global technology and innovation-led businesses operating in Amsterdam.

About Deka
DekaBank is the securities services provider of the German Savings Banks Finance Group (Sparkassen-Finanzgruppe). Together with its subsidiaries it forms Deka Group. With total customer assets of more than EUR 440 billion (as at 30/09/2025) and 5.9 million securities accounts, DekaBank is one of the largest securities services providers and real estate asset managers in Germany. It provides private and institutional investors with access to a wide range of investment products and services. DekaBank is firmly anchored in the Sparkassen-Finanzgruppe (Savings Banks Finance Group) and tailors its product portfolio to the requirements of its owners and sales partners in the securities business.

The Deka Group’s global real estate expertise is pooled in its Real Estate Division. The management companies, Deka Immobilien Investment GmbH and WestInvest Gesellschaft für Investmentfonds mbH provide management and support for EUR 50 billion (as at 31/12/2025) in real estate assets.

Media Contact:

Christian Pommée
Pressesprecher
069 / 7147 – 7761
christian.pommee@deka.de

SOURCE: Deka Immobilien