ASR Dutch Core Residential Fund and area developer AM sign agreement for 51 houses in the Ravelijn project in Diemen

a.s.r. real estate has purchased 51 houses in the Ravelijn project in Diemen on behalf of the ASR Dutch Core Residential Fund. More than half of the houses will be let in the mid-priced rental segment. The houses therefore respond to the housing demand in the Amsterdam region, where there is a shortage of affordable rental housing. The houses developed by AM will be constructed by Bot Bouw and are expected to be completed in the fourth quarter of 2024.

Ravelijn is located in Arent Krijtstraat in Diemen. This location is adjacent to the popular Watergraafsmeer district in Amsterdam and is easily accessible by public transport, bike and car. In front of the building there is a tram stop with a direct connection to the centre of Amsterdam and the slip road to the A10 motorway is less than one minute’s drive from the project.

Spacious houses and friends’ apartments

The houses in the project are two, three and four room apartments, varying from 50 m² to 89 m². They include ten ‘friends apartments’ based on a living concept by AM. These apartments are for people who have no relationship but who want to live together independently in the city. These houses have two spacious bedrooms, each with bathroom en suite. The living room kitchen and toilet in these apartments are shared. All the houses have outdoor spaces and there are plenty of facilities in the area such as shops, bars and restaurants. And the Diemerplein shopping centre and Amsterdam’s largest sports centre, with amenities including an athletics track, football pitches, tennis courts and a skating rink, are a few minutes away by bike.

“Ravelijn is an addition to our residential portfolio and to the housing market in the Amsterdam region,” says Robbert van Dijk, Fund Director of the ASR Dutch Core Residential Fund. By renting out some of the apartments in the mid-priced rental segment we are putting our impact strategy into practice and we are once again providing the region with affordable housing.”

Ronald Huikeshoven, Board Chairman of area developer AM adds, “With Ravelijn we are adding to the availability of houses in the mid-priced rental segment, helping to satisfy the demand for housing and the wishes of future tenants”.