Grouwels Vastgoed acquires 413 homes from Amvest

News 10 Jun 2024

On behalf of the Amvest Residential Core Fund, Amvest has sold seven residential properties with a total of 413 homes to Grouwels Vastgoed. The properties  are located across the cities of Almere (2x), Barendrecht (2x), Breda, Ede, and Vleuten. Capital Value and Loyens & Loeff assisted Amvest with the sale.

It concerns a sustainable portfolio with favourable construction years (after 2000) and primarily energy label A. The properties all feature spacious homes (averaging approximately 100 m²) and are situated in favourable locations in the Netherlands. The two properties  in Barendrecht consist of single-family homes. The other properties consist of multi-family homes.

Jens van Hasenbroek, Director Transactions at Capital Value: “The transaction took place within a very short timeframe. The favourable characteristics of the portfolio and the mutual trust between the parties were the underlying factors.  In the current market we see that there is sufficient capital available for prime residential complexes and that there is confidence in Dutch residential investments.”