Being and COD sell sustainable Amsterdam office complex to Amundi
Developers Being and COD have sold the Max & Moore development on Asterweg in Amsterdam-Noord’s up-and-coming Buiksloterham district. Amundi Real Estate is the new owner of this sustainable office complex of 9,800 sq. m., the construction of which began recently. Max & Moore is due for delivery in the fourth quarter of 2021.
Max & Moore consists of two interconnected buildings with a surface area of 7,000 sq. m. and 2,800 sq. m. respectively. The complex will feature a publicly accessible restaurant (500 sq. m.) designed to attract visitors and local residents alongside the building’s users. Another hallmark of the project is its strong focus on sustainability, health and nature-inclusive design.
The new office complex is equipped with a state-of-the-art ventilation and air treatment system to promote the well-being of users. Green outdoor spaces, roof terraces and double-height patios combine to create a health-conscious working climate, stimulate urban biodiversity and connect the complex and its users to the environment. The special waterside location on the Tolhuis Canal further enhances the property’s natural appeal.
"We are enormously proud to be making a further contribution to the development of Buiksloterham, one of Amsterdam’s most promising and emerging districts. In our view, Max & Moore is a key factor in the sustainable and positive renewal of this special part of the city." Bas van Dam, Director Being
Max & Moore ushers in the first phase of the more extensive redevelopment of an outdated business park on Asterweg in Buiksloterham. In the second phase, a diverse mix of functions will be incorporated, with a strong focus on residential properties. The dismantling of the old buildings began in early 2020, with materials being reused wherever possible.
“Max & Moore addresses the growing need for high-quality and sustainable new office buildings in Amsterdam. It provides suitable and flexible premises for both the creative sector and business services." Gert Wim Bos, Director COD
In the coming years, the area surrounding Max & Moore – between Overhoeks and the NDSM shipyard – will develop into a circular urban district, focused on work and urban living. Being and COD will give the symbolic start sign for Max & Moore’s construction on Wednesday, 22 July. The construction work is in the capable hands of Pleijsier Bouw. On behalf of Being and COD, CBRE and NL Real Estate supervised the commercial aspects of the transaction. Buyer Amundi Real Estate was advised by L’Etoile Properties (commercial), Rutgers & Posch (legal) and Drees & Sommer (technical). CMS acted as legal advisor to the vendor.