BMB ontwikkeling (part of VolkerWessels) and Reggeborgh Vastgoed have recently concluded an agreement with Catella Parken Europe for the sale of the public parking garage within the project BinnenDok at the NDSM wharf in Amsterdam. The buyer was represented by Orange Investment Managers.
The building comprises a parking facility with 525 public parking spaces, commercial premises forming the facade on the ground floor and a roof garden for residents and neighbors. The building forms part of the 'BinnenDok' project, which, besides the parking garage, comprises two residential buildings with 107 apartments, an office building, and commercial facilities at street level. The construction of the BinnenDok project is expected to begin in the first quarter of 2021 and completion of the project is expected in 2023. Project BinnenDok was designed by Heren 5 architects from Amsterdam.
Project BinnenDok is being developed in the heart of the NDSM-wharf, the new urban district on the north bank of the IJ-river, where the biggest and most modern shipyard in the world once stood. The transformation of this area started more than 15 years ago. The total program will be expanded over the coming years to include some 5,000 rental and owner-occupied homes, parking facilities, leisure functions, commercial premises, (small) offices, and shops. Following the completion of over 300 social housing units and a health center earlier this year, BMB ontwikkeling and Reggeborgh Vastgoed will shortly deliver the Pontkade project. This project comprises 250 rental and owner-occupied homes with an Albert Heijn supermarket and a variety of hospitality establishments on the ground floor.
Orange Investment Managers is a leading specialist with a focus on operational real estate and invests throughout Europe. Orange Investment Managers is the exclusive partner of Catella on parking real estate investment and jointly manage the Catella Parks Europe. Currently, Orange IM manages car parks in 6 countries (the Netherlands, England, Ireland, Germany, Italy, and Denmark).
BMB ontwikkeling is an independent operating developer within the decentralized VolkerWessels concern. BMB ontwikkeling is active in the Amsterdam region and focuses on the development of multifunctional areas with a focus on housing.
Reggeborgh Real Estate
Reggeborgh Vastgoed is part of the Reggeborgh Group from Rijssen. Driven by knowledge, success, and social importance, Reggeborgh is nationally and internationally active in real estate, energy, construction, (medical) technology, and healthcare. Reggeborgh Vastgoed is responsible for real estate activities, which are largely aimed at developing and investing in real estate. Reggeborgh Vastgoed is mainly active in the Netherlands, Germany, and Canada.
Catella Real Estate AG
Catella RE AG is a leading European operating boutique provider for real estate solutions in the field of open-end special funds, open-end public funds, closed-end real estate funds, and separately managed accounts. Catella RE AG is based in Munich and is active in the field of real estate fund management and real estate investment advice in accordance with the German Law on Capital Investments (KAGB) and is part of the Catella Group. The Catella Group is a leading specialist in property investments and fund management, with operations in 14 countries. The group manages assets of approximately EUR 14 billion. Catella is listed on Nasdaq Stockholm in the Mid Cap segment.