The construction launch of the Baan Tower, one of the most sustainable residential developments in the Netherlands on Monday, and last week’s opening of the world’s largest Zara store, both in Rotterdam, are two of four projects representing a total of close to €380 million of investments managed by Redevco in the second largest Dutch city.
The investments will boost the supply of affordable homes in Rotterdam and are also transforming the retail heart of the city with iconic new concepts, as Redevco rolls out its urban transformation strategy to make cities more sustainable and liveable across Europe in collaboration with like-minded investor partners.
The 159-metre-high Baan Tower, being constructed in the architecturally striking Baankwartier neighbourhood of central Rotterdam, will comprise 427 apartments, of which about 30% will be in the mid-market rental segment and are primarily targeted at young professionals and families, and the ‘starters’ and ‘empty nesters’ social groups. The Baan Tower has a sustainability score of 40% under Dutch green building regulations, one of the top environmental ratings for a residential high rise in the Netherlands.
You can now read the full press release at the link below
