Rockfield Real Estate and AM signed an agreement for the acquisition of 157 apartments in Highnote, a new residental tower in Almere, the Netherlands. Capital Value advised AM on the sale. Highnote is a nineteen-storey residential building with 157 rental apartments, varying in size and price. Construction is expected to start in Q2 2021 and completion is expected in 2023. Highnote is designed by Studioninedots and will be constructed by Heddes Bouw & Ontwikkeling.
AM sells Highnote Almere to Rockfield
Of all apartments, 115 apartments will be rented out in the mid-market rental segment and 42 apartments will be rented out in the unregulated segment. In total, 66 apartments will be realised as ‘Friends-apartments, varying in size from 65-100 sqm. All apartments have a balcony.
Friends concept
Both Rockfield and AM are early adapters of the Friends concept, which is aimed at a target group for whom living in a prime location is made affordable and comfortable. A Friends house is for two people and is shared with a friend, family member, colleague or other roommate. Both have their own sleeping and shower room and the other areas are shared. In addition, there will be a plinth with formal and informal work and study places, a catering facility and various semi-public outdoor spaces. Marijn Snijders, Managing Director at Capital Value: “A large part of Highnote consists of homes for starters. It is good to see that investors are willing to invest in homes for this young target group. The homes are a very welcome addition to the housing stock in Almere and contribute to reducing the housing shortage in the city.”
Recovery in the Dutch residential investment market continues, investments in new-build insufficient
In the third quarter of 2024, EUR 2.3 billion was invested in the Dutch residential investment market. This brings the transaction volume in the first three quarters of 2024 to EUR 5 billion, more than...
International residential investors needed to realise housing production goals in the Netherlands
In the past years international residential investors have been of vital importance to the Dutch residential investment market. Only four years ago, their share in the total transaction volume on the ...
53 homes in Zeist and 48 homes in Amersfoort sold
On behalf of one of our clients, we recently sold two residential properties in Zeist and Amersfoort. The property in Zeist includes 53 homes, and the property in Amersfoort includes 48 homes....