COD and Being sell 90 energy-neutral homes in Amsterdam to NLV

News 11 Mar 2026

COD and Being have sold two residential buildings comprising a total of 90 mid-rental homes within the ASTR project in Amsterdam-Noord to NLV. The transaction also includes the commercial space on the ground floor of both buildings. With this acquisition, the mid-rental segment within ASTR gains a strong long-term owner. COD and Being were advised on this transaction by Capital Value and CMS. NLV was advised by Houthoff and CBRE

ASTR, a sustainable, future-proof residential development

ASTR is located on the banks of the Tolhuiskanaal, between Asterweg and the waterfront, and forms a distinctive addition to Buiksloterham. The project brings together the area’s industrial character and creative energy with sustainable and future-proof living. The four buildings reflect the industrial surroundings through robust materials, timeless architecture and a strong connection to water and green space.

The scheme comprises four residential buildings with a total of 229 homes: 90 mid-rental homes, 70 social rental homes and 69 owner-occupied homes. All apartments feature private outdoor space and views of greenery. Intimate streets, sightlines, a shared courtyard and a green quay create space for interaction and relaxation. The active ground-floor units along Asterweg align with the area’s creative character and enhance vibrancy and connectivity with the neighbourhood, while the quay offers a quieter setting by the water. The architectural design is by Office Winhov, with landscape design by Delva Landscape Architects. Construction is scheduled to start in mid-2026.

ASTR has been developed with a clear sustainability ambition. The buildings are energy-neutral and Paris-Proof in operation, make use of renewable energy sources and recycled materials, and at least 30% of the outdoor space will consist of greenery. The project bridges the area’s industrial heritage with the circular ambitions of the city.

With the sale to NLV, COD and Being secure the long-term availability of 90 affordable rental homes in the mid-rental segment. This aligns with the broader ambition to create an inclusive and diverse living environment.

ASTR is a joint development by COD and Being and builds on the previously completed office buildings Max & Moore. The project contributes to the expansion of Amsterdam-Noord and supports the circular ambitions of Buiksloterham. By combining living, working and leisure, ASTR creates a future-proof neighbourhood for a diverse range of residents.