Construction of the AMST project in Amsterdam has now been completed, with the keys officially handed over to the owner Union Investment by MRP, the project's developer.
AMST comprises 252 residential units spread across two impressive buildings, of which 80% are for medium-rent housing. This project has helped to address the need for affordable middle-income housing and has also contributed to the sustainable development of the city of Amsterdam.
AMST was designed by VenhoevenCS architecture+urbanism and realised by Heddes Bouw & Ontwikkeling B.V. Drees & Sommer Netherlands oversaw the project management for the developer.
Savills, as a leading international real estate advisor, played a key role in the successful completion of the AMST project as development advisor-partner for Union Investment. With a wealth of experience and expertise, Savills oversaw the development process and planning, ensuring the highest quality standards were met throughout.
Marc van Niekerken, Head of Building & Project Consultancy Benelux at Savills, says: "We are immensely proud of the successful completion of the AMST project and Savills contribution as development advisor.
“Realising a sustainable, affordable housing development of this scale and quality in the heart of Amsterdam was an extraordinary challenge, but thanks to collaboration with our valued partners and the commitment of our team, we were able to make it a success. This project demonstrates that the right mix of expertise, vision and determination can result in a positive impact on urban development. We remain committed to delivering innovative and high-quality real estate solutions for our clients and the communities in which we operate.”
The collaboration between MRP, Heddes Bouw & Ontwikkeling B.V., Drees & Sommer Netherlands, VenhoevenCS architecture+urbanism, and Savills has transformed AMST into a sustainable and vibrant residential environment where residents can enjoy comfort and affordability in the heart of Amsterdam. The first residents of the mid-rent flats have now received the keys from letting agent and property manager FRIS | Real People.