AMST

AMST is a sustainable, mixed-use development and enables affordable housing for middle-income earners centrally located opposite the Amstelstation. The construction of the scheme has recently been completed and was subsequently delivered to investor Union. AMST was awarded both the Mixed-use Development Award for the Netherlands in 2020 and the Middle Rent Award in 2022.  In AMST, 252 housing units have been realized, divided over two buildings, 80% of which are earmarked for medium-rent housing. Part of the middle segment is suitable for larger families with a house size above 100 sqm.

 AMST acommodates 21,849 sqm of lettable space, of which about 15,890 sqm is for residential use and about 5,960 sqm for commercial use, including multiple bars, restaurants and food courts. There is underground parking for 114 cars and a large bicycle parking. Following the purchase of AMST, Union Investment recently also acquired a large part of MRP's MIX Amsterdam project at Stadscentrum Osdorpplein in Amsterdam.

 NL real estate| Knight Frank has advised Union during the entire commercial process of acquiring AMST, as well as the transaction for MIX in Amsterdam West.