Residential

Second building completed in Utrecht’s ’t Zand project

Real estate investor Altera Vastgoed has taken delivery of Karakter, the second building of project ’t Zand in Utrecht by VABO Ontwikkeling. Following completion of this phase of construction the building’s brand-new tenants were presented with their keys last week.

After Waterval, Karakter is the second building in the project to be completed and transferred to Altera. It hosts 47 apartments, all of which already have tenants.

The name ‘Karakter’ was inspired by a book by F. Bordewijk, who just happens to have lent his name to the street next to the complex that leads to neighbourhoods named after writers and artists. A quote from Bordewijk will also feature prominently in the building’s foyer.

In line with Altera’s real estate investment strategy, all of the apartments are gas free. Several of the apartments and all public areas are also connected to solar panels and outperform the government’s EPC requirement for energy efficiency. The residents will also have access to additional resources and facilities, including an electric car sharing deal offered by We Drive Solar.

Erwin Wessels, CIO of Altera: “The completion of the second building in the ’t Zand project is another important step towards meeting the huge demand for affordable housing in major cities such as Utrecht. This project, which also contributes to our ESG goals, makes a great addition to our young and sustainable residential portfolio.”

Location

The apartment complex is part of Het Zand, an area in the heart of the Leidsche Rijn district. It is located opposite Utrecht Terwijde station and within walking distance of Terwijde shopping centre. The centre of Utrecht is just five minutes away by train, while the neighbourhood itself offers lots of greenery and a wide variety of amenities. Situated in fast-developing Leidsche Rijn, Het Zand is set to become a multifunctional urban residential area with great facilities, from shopping and recreation to education and small businesses.

REBO Vastgoed Management will manage the property on behalf of Altera. The homes are let by Wooove B.V.

 

A warm welcome for tenants at the key handover
Completion of the second building (Karakter)
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