Sale of development location in Alkmaar

The Restructuring department of ABN AMRO asked us to assist in the sales process of a development location in Alkmaar. The location spanned over two hectares and was designated for residential use and the construction of approximately 500 dwellings.

Our approach

There is a great deal of demand among developers and investors for development locations to meet the increased demand for housing. However, the supply of development locations with a residential use designation is increasingly scarce. A plan was previously developed and issuing a public warning about the auction was unavoidable in this file.

An extensive auction brochure was created for the auction, including all the relevant information and representative photography material. We acted as managing real estate broker for the auction and were the point of contact for the principal, client, civil law notary, lawyer, tenants and the auction platform.

The result

The auction provided the desired financial result for the bank, after which the file could be closed. The entire process took place under our direction and in close consultation with ABN AMRO's client, despite the situation of Restructuring.

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