Acquisition of former chocolate factory in Bussum

We provided guidance to Delta Lloyd Property for the acquisition of the former Bensdorp cocoa and chocolate factory in Bussum, an exceptional location suitable for transformation into dwellings.

Our approach

After an extensive analysis of the location and possibilities, we submitted a bid for the project on behalf of Delta Lloyd Property and worked together during the negotiations. We based the bid on an acquisition advice that was generated from a substantiation of the project's financials and the demographic and market conditions in Bussum. An external rental advice and valuation were also included in the bid. Following acceptance of the acquisition proposal, we provided an accurate description of the agreements made in a Letter of Intent.

The result

The deal was sealed in the Noordersluis construction trailer. Agreement was swiftly reached on the sales price and conditions, to the satisfaction of all parties. Delta Lloyd Vastgoed and Bouwbedrijf Noordersluis thus agreed to realise 40 non-regulated rental apartments. Construction on the project began in 2017 and is expected to be completed in 2018.

More references