Philips plans to sell its High Tech Campus in Eindhoven
Electronics giant Philips is planning to sell its High Tech Campus in Eindhoven to private investor Marcel Boekhoorn, the Telegraaf reports on Monday, citing sources in the property sector.
The paper says Boekhoorn is planning to take over the business park for some €450m and the deal has almost been finalised. Boekhoorn currently owns free newspaper De Pers and the Ouwehands zoo.
Neither side would comment on the rumours, the Telegraaf says.
The business park covers 103 hectares and is home to around 100 companies.
The Financieele Dagblad says the sale would not affect Philips staff currently employed at the Eindhoven site.
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