Round Hill Capital sells The Frame Building in Amsterdam

A new and sustainable development in Amsterdam Southeast

The Frame Building was constructed in 2023 and is located the corner of the Amsterdamse Poort shopping center and at the foot of the Amsterdam ArenA Boulevard, in the ArenApoort area of Amsterdam Southeast. Totalling 11,000 m² of lettable area, the property has been fully let by Round Hill and comprises 213 residential units split into open market-rent (107 units), mid-market-rent (37 units) and social (69 units), catering to the cities increasingly wide-ranging tenant demand. Built to high sustainability standards, it features high-quality finishings including underfloor heating and a rooftop terrace.

ArenApoort, an area in development

The ArenApoort neighbourhood is undergoing a significant transformation as part of the city’s broader plans to transform Amsterdam’s Southeast district into a mixed-use leading destination for offices, leisure and residences by 2040.  Its location close to the Bijlmer Arena station provides excellent transport links across Amsterdam including a direct connection to Schiphol Airport.

Sander van den Heuvel, Global Head of Acquisitions and Portfolio Management at Round Hill Capital, commented: “Having fully leased and stabilised the property following practical completion and having enjoyed a strong operational period, we have taken the opportunity to dispose of the Frame Building. In parallel we are continuing to invest in our pipeline of opportunities in our high conviction markets across Europe, leveraging our deal sourcing, execution expertise and local market presence.”

Clemens van Vuurde, Director Transactions at Capital Value, added: “The Frame is a welcome addition to the Amsterdam housing market. Given the asset’s new build quality and the attractive mix of affordable and private sector rental homes, it is an interesting and sustainable residential investment for various parties on the housing market. We congratulate the international buyer on this transaction. It is good to see that various international investors show renewed interest in the Dutch residential investment market.”