Vesteda acquires De Weverij complex of 109 mid-rental segment homes in Enschede

Vesteda has signed an agreement to acquire De Weverij, on the former factory site of the Twentse Textiel Maatschappij (TeTeM) in Enschede, where TBI Koopmans Bouwgroep will build 109 mid-rental segment homes for Vesteda. Construction of the De Weverij apartment complex is due to start in the first half of 2022 and delivery is expected three years later.

De Weverij is located in the Roombeek neighbourhood of Enschede, a neighbourhood best known as the site of the firework disaster in the year 2000. The neighbourhood has largely been rebuilt with new homes suited to current living requirements. The reconstruction of this location into a modern residential neighbourhood was realised under the auspices of top Dutch architect Pi de Bruijn. For one of the final projects in this neighbourhood, Tangram Architecten have designed a striking building of masonry and glass, De Weverij, which will be owned by Vesteda.

Enschede-based TBI Koopmans Bouwgroep will be responsible for the development and realisation of this complex. This will include 109 rental homes, varying in size from 52 to 122 m2. The complex will also include indoor parking places and bike parking facilities. The complex will be gas free and extremely energy efficient. The homes will be heated and cooled using a district heating system.

Vesteda’s Chief Investment Officer, Pieter Knauff: “In a prominent location in the Roombeek new-build neighbourhood, we will add a varied range of mid-segment rental homes in a beautiful residential complex to our portfolio. This will offer homes to a broad target group in a peaceful, sustainable and high-quality living environment, just a 10-minute bike ride from the city centre and Enschede’s main railway station”.

Potential middle-income tenants interested in this complex will be able to register for a homes via vesteda.com from late 2024.