Amsterdam,
09
July
2015
|
09:32
Europe/Amsterdam

Vesteda, Heilijgers to realise 25 liberalised sector homes in Leusden

Summary

Residential sector investor Vesteda and developer Heilijgers on 7 July signed a turnkey agreement for the realisation of 25 family homes in the Princenhof project in Leusden. The parties expect construction to start in mid July and delivery is expected in the second quarter of 2016.

The homes are located at the edge of the centre of Leusden and have both schools and shops within walking distance. The location is easy to reach via the A28 motorway, while the centre of Amersfoort is within easy reach by car, public transport and bicycle.

The homes vary in size from around 110m2 to 125m2, have an average rent of around €950 a month and have south-facing rear gardens. The homes are fitted with underfloor heating throughout, including the attic. This creates optimum warmth via low-temperature heating.

Nico Mol, director Acquisitions & Development at Vesteda: “The homes are an excellent addition to our portfolio. Leusden is a core region with low supply in recently-built mid-segment houses. It is a small but attractive project with its own identity that will appeal in particular to families and two-person starter households.”

About Vesteda

Vesteda is an investor with a clear focus on the Dutch residential real estate market. Vesteda invests funds for institutional investors, including pension funds and insurers. Vesteda has total capital of approx. €3.6 billion invested in real estate. The company’s rental portfolio stands at a total of around 23,000 units. Vesteda’s key investment regions are the Randstad urban conurbation and the Noord Brabant province. In 2014 Vesteda generated a net result of €136 million, with more than 200 employees.