MRP hands over keys of AMST in Amsterdam to Union Investment

MRP has handed over the keys to the newly built AMST project in Amsterdam to Union Investment. Union Investment bought AMST in 2020 and the project is part of the portfolio of open-end real estate fund UniImmo:Deutschland. AMST is a sustainable, mixed-use development and enables affordable housing for middle-income earners in the vibrant metropolis of Amsterdam. The first residents of the middle-income flats have received the keys from letting agent and property manager Fris and are busy moving into this special place to live. Meanwhile, the project has won several awards: the "Mixed-use Development Award for the Netherlands" in 2020 and the "Middle Rent Award" in 2022. In AMST, 252 homes have been realised, divided over 2 buildings, 80% of which are intended for medium-rent housing. Part of the middle segment is suitable for larger families with a house size above 100 m².

From left to right Ofer Gilboa and Govert Sparreboom of MRP, Jörg Wehmeyer and Isabel Krumma of Union Investment

AMST is developed by MRP and realised by Heddes Bouw & Ontwikkeling. AMST comprises two buildings with a total of 21,849 sqm of lettable space, of which about 15,890 sqm is for residential use and about 5,960 sqm for commercial use. There is underground parking for 114 cars and 966 bicycles. AMST is centrally located at a prime location opposite Amsterdam's Amstel Station. The main arterial roads and Amsterdam Airport Schiphol are within easy reach. Restaurants and cafés, shopping facilities, schools and leisure facilities are all in the immediate vicinity. The design is from VenhoevenCS architecture+urbanism and is based on the principles of Chinese Hakka culture, known for its walled housing units with wooden interior facades surrounding a court with communal facilities. There is the comfort of modern and sustainable living with the convenience of a vibrant and urban lifestyle. The courtyards are an oasis of calm with plenty of greenery and wood. All the roofs of the energy-efficient buildings are used to store rainwater in an innovative way, which is then used in a grey water system.

www.amst.amsterdam

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