Urban Interest acquires 497 apartments in Rijswijk, Voorburg and Zoetermeer

About the complexes
In Rijswijk, the Boshoek complex comprises 146 apartments and 136 parking spaces located on Prinses Beatrixlaan. Constructed in 1975, the complex offers units averaging 82 m². In Voorburg, it concerns two residential complexes on Rodelaan and Populierendreef, with a total of 214 apartments and 125 parking spaces. Both complexes were built in 1975 and have apartments averaging 70 m². The complex in Zoetermeer is situated on Dunantstraat, consisting of 137 apartments built in 1973, with an average apartment size of 85 m².

Clemens van Vuurde, Director Transactions: “The increased confidence in the Dutch residential investment market is driving up transaction volumes. While we observed smaller transaction volumes at the beginning of 2024, interest in larger investment volumes has grown throughout the year. The sale process went exceptionally smooth, and we congratulate both buyer and seller on this transaction.”

Barbara Westrik, CCO of Urban Interest: “We look forward to working on these complexes. For the complex in Rijswijk, we have a sustainability plan in place aiming to upgrade the homes to energy label A. To achieve this, we will further insulate the roof, install solar panels, insulate piping and ceilings in the storage areas, replace all glass with HR++-glass, and optimise ventilation. Additionally, the homes are currently not individually metered, which will be addressed in the project so that residents will be billed based on actual use. The entire exterior of the complex will also be cleaned and painted, with a sustainability loan obtained from ING Real Estate Finance.”