Woonhave buys residential complexes from Van der Vorm Vastgoed Groep

Woonhave N.V. and Van der Vorm Vastgoed Groep have reached agreement on a transaction concerning 8 residential complexes and thus a total of 832 apartments. The parties will make no announcements regarding the purchase price.

The residential complexes are located in Rotterdam, Maassluis, Capelle a/d IJssel, Zwijndrecht, Dordrecht and Delft, making them an excellent fit with Woonhave's strategy of investing in good, affordable housing in growth regions with good infrastructure.

Mark van den Berg (Managing Partner Woonhave): "Through this acquisition we exceed EUR 300 million in investment volume and are well on our way to fulfilling our objective of building a carefully curated portfolio of rental properties for long-term operation. The combination of our clear strategy and fast process without financing conditions is starting to bear fruit. The transaction with Van der Vorm Vastgoed Groep is a good example of this and we thank them for the trust placed in us."

René Voortmeijer (Commercial Director Van der Vorm Vastgoed Groep): "We are very pleased with the realized transaction, it comes at a logical moment for us now that the market for residential investments is good. The sale fits into our strategy to strengthen our portfolio through rotation, (re)development, diversification and internationalization. We thank Woonhave for the good cooperation and wish it every success with the portfolio."

Woonhave was assisted in this transaction by DTZ Zadelhoff and De Mik Makelaars, Hofstede (Environmental), Geelhoed (Technical) and Adviesburo Orgatech (Installations). Van der Vorm Vastgoed Groep was advised in this transaction by CBRE, IOB (Technical) and EY (Fiscal).

The transaction was legally supervised by Houthoff Buruma.

For further information, please contact:

Woonhave, M. van den Berg on 010 - 268 5555

Van der Vorm Vastgoed Groep, R. Voortmeijer at 010 - 209 2724