Stadgenoot sells 33 new -build apartments in Amsterdam

News 7 Jul 2021

Housing association Stadgenoot recently sold the newly-built property 'De Horizon' to ERES REIT. The property is located at the Oostenburgermiddenstraat and offers 33 apartments. Capital Value advised Stadgenoot on the sale. The building will be managed by the local team of ERESM (www.eresm.nl).

The apartment building, located on private land, has already been realised. The two- and three bedroom apartments have a living area varying in size from 51.4 to 75.1 sqm. and all have an outdoor area. In addition, there is a communal courtyard that is shared with the adjacent complex ‘Het Eiland’.

Bregje de Looff, residential investment adviser at Capital Value: “The apartments are located at an excellent location on Oostenburg, and are a welcome addition to the housing stock of the city. There was a lot of interest from investors to acquire the property.”