AM and ASR Dutch Core Residential Fund sign agreement for sale The Beacons in Amsterdam
AM and ASR Dutch Core Residential Fund have signed an agreement for the sale of 41 apartments in the new development ‘The Beacons’ in Amsterdam (Zeeburgereiland).
The Beacons is a new development that exists of 63 owner-occupied apartments and 41 private rental apartments. The complex will be developed in the Zeeburger Zilt plan, located between Eef Kamerbeekstraat and Kees Broekmanstraat and next to the new sports and leisure park in the Sportheldenbuurt.
The rental block exists of one-, two- and three-room apartments varying in user surface from 46 to 82 sq m. The apartments have a high-quality finish and come with contemporary amenities such as electric sun screens and underfloor heating. The apartments also feature beautiful outdoor spaces. The design of The Beacons comes from Paul de Ruiter Architects. CBRE acted on behalf of AM during the sale process.
The Beacons is a high quality development with a good housing differentiation, which perfectly suits the current demand from investors.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.