Maastricht-based Catella IM Benelux (CIMB) has acquired a housing development in the Dutch town of Zeist, 7 km to the east of Utrecht, on behalf of the Catella Dutch Residential Fund ll, for approximately €18 million from Green Living Investments B.V. The completion of the development is expected by the end of 2020.
- Property Investment Management
Maastricht-based Catella IM Benelux (CIMB) has acquired three fully-leased converted Edelwonen housing developments in the Dutch towns of Nieuwegein, Dordrecht and Rijswijk, on behalf of the Catella Dutch Residential Fund ll, for a total of €52 million from developer de Bouwhuis Group. The purchases are in line with Catella’s strategy to expand its presence in sub-segments of the residential market including housing for young professionals, starters and (international) students to support growing demand.