Vesteda acquires extra rental homes in Leidsche Rijn Centrum
Vesteda and project developer a.s.r. Vastgoed Projecten have agreed that Vesteda will acquire 189 extra homes in the Leidsche Rijn Centrum project in Utrecht. These are the original owner-occupier apartments of the combination a.s.r. Vastgoed Projecten and Vesteda Project Development.
Vesteda’s acquisition of the additional homes increases the number of rental apartments in Leidsche Rijn Centrum to 440 from the original 251, which will create a better mix of owner-occupier and rental homes in the 10 apartment complexes in the so-called core area of the project. This acquisition also increases the number of buildings with only liberalised sector homes to four from the original two.
Pieter Knauff, director Acquisitions Vesteda: ‘The fact that this project will include more liberalised sector homes is good news for Vesteda, for Leidsche Rijn Centrum and for Utrecht. This acquisition adds attractive homes to Vesteda’s portfolio, the project will have a better mix of owner-occupier and rental homes and we can offer more people the opportunity to rent affordable homes in the very tight Utrecht housing market.’
The sale of the first owner-occupier homes has already got off to a successful start. The first rental homes in the core area of Leidsche Rijn Centrum will be put on the market in mid-2017. As they can with the owner-occupier homes, potential tenants will be able to select and view these rental apartments on the Leidsche Rijn Centrum website (https://leidscherijncentrum.nl). The expectation is that all the homes will have been sold or rented out by the time the shopping centre opens in early 2018.
Vesteda is a residential investor and landlord that focuses on sustainable and affordable homes in the mid rental segment. Vesteda invests funds for institutional investors, such as pension funds and insurance companies. The portfolio consists of nearly 28,000 residential units with a total value of 9 billion euro. The homes are mainly located in economically strong regions and core urban areas in the Netherlands.