Catella Investment Management adds Sea Tower project development in Zoetermeer to CER portfolio

The residential tower block, currently under construction, will rise to approximately 70 metres and comprise 150 modern apartments. The total rental area amounts to approximately 6,600 sqm. The apartments are being constructed using modular building methods. With an average living space of approximately 44 sqm, they are designed to meet the housing needs of singles, young professionals and couples. Tenants also have access to approximately 1,000 sqm of communal areas in the form of a roof terrace, a fitness room, a parcel collection point and a laundry room. In addition to six car parking spaces, the building has 52 double-decker, secure bicycle racks and parking spaces for cargo bikes and e-scooters, including three charging stations. The building also incorporates administrative areas and a letting office. Construction is expected to be  completed in November 2026.

Michael Keune, Managing Director of CIM, said: "With Sea Tower, we are making a targeted investment in a growing and future-oriented city in the Randstad region. The project combines environmental responsibility with social impact – a key requirement of our CER strategy. The modular construction approach not only shortens build times but also reduces costs and emissions. This enables us to offer our investors a modern, energy-efficient residential product that also provides fair rental conditions for future tenants."

The building complies with the German KfW 55 (EH 55) energy efficiency standard and is connected to the local district heating network. A roof photovoltaic system covers part of the energy requirements. Approximately half of the apartments are barrier-free. The underground parking spaces are pre-equipped with cabling for future electric vehicle charging points.

Otto Rompelmann, Managing Director at Catella Investment Management Benelux, said: "The Sea Tower is an outstanding example of modern Dutch residential architecture. Its sophisticated modular design, architectural elegance and high-quality fittings create a real estate product that is both impressive in terms of urban planning and offers long-term appeal for tenants and investors. We are delighted to be working with our regional partners to deliver this project successfully for CER."

The use of photovoltaic modules, heat pumps and a heat recovery system enables an energy efficiency rating of at least A++ to be achieved. In addition, the use of environmentally friendly building materials is a key aspect of resource-efficient construction. In accordance with Dutch law, 132 residential units will be positioned in the mid-market rental segment and 18 units in the free-market rental sector.

Benjamin Rüther, Head of Fund Management Residential at CIM, said: “Zoetermeer is growing steadily, partly due to the housing shortage in The Hague and Rotterdam. Young professionals and singles in particular are seeking well-connected, affordable housing here – a segment that is in short supply in The Hague, located just 13 minutes away by train. The Sea Tower addresses this demand with modern, efficiently designed apartments, adding a sustainable residential product to the CER strategy.”

Zoetermeer is located east of The Hague and is part of the dynamic Randstad region. The city, which currently has approximately 130,000 inhabitants, is experiencing sustained population growth and benefits greatly from its proximity to Rotterdam and The Hague. Thanks to its excellent public transport links and road network, Zoetermeer is a sought-after place to live. Its central location also offers future residents easy access to a wide range of shopping and dining options.

About Catella Investment Management GmbH

Catella Investment Management GmbH (CIM) is an independent and entrepreneurial real estate investment advisor for funds and mandates with assets under management of approximately EUR 10 billion. As a subsidiary of the Stockholm-based Catella AB, CIM advises more than 25 mutual real estate funds and special real estate funds as well as several mandates across 15 European countries, with a focus on residential, mixed-use, parking, and logistics properties. CIM provides (advisory) services in research, portfolio management, acquisitions, disposals, and asset management. The company operates offices in Berlin, Munich, and Vienna.

Notes:

This is a marketing communication. It serves information purposes only and constitutes no investment advice, no investment recommendation, no offer and no invitation to buy or sell investment products. The information provided is not suitable to serve as basis for making a concrete investment decision. It includes no legal or tax advice. Disclosure of the information constitutes neither a contractual obligation nor any other liability towards the recipient or any third party. This marketing communication is not part of the legally required sales documents of the investment fund discussed in this marketing communication. Fund units are sold exclusively on the basis of the fund’s investment conditions in conjunction with the currently valid sales prospectus. The decision to invest in the fund discussed in this marketing communication should take into account all characteristics and objectives of the fund as described in the legally required sales documents. The sales prospectus (including a description of the material risks), the investment terms, the key information document, and the most recently published annual report are each available in their current versions in paper form from Catella Real Estate AG, Alter Hof 5, 80331 Munich, or can be accessed online at www.catella.com/aifm.