"Rotterdam to Welcome Saxophone-Shaped Skyscraper with 822 Rental Homes"

"A saxophone-shaped skyscraper is set to become a new landmark in Rotterdam's skyline, with construction approved for 822 rental homes in the De Sax project. Agreements were finalized between developers BPD and Synchroon and investors Achmea Real Estate and NLV, representing pension funds Stichting PME and Stichting Pensioenfonds Metaal en Techniek. Legal advice for the project has been provided by Houthoff since 2018, with teams led by Wychand Kraaij and Herman Lohman handling purchase agreements and property law structuring."

Houthoff provided legal advice on the transaction, with a team led by Wychand Kraaij assisting Achmea Real Estate and NLV, and another team led by Herman Lohman advising BPD and Synchroon. The transaction involves the development and construction of 822 rental homes in De Sax, a saxophone-shaped skyscraper in Rotterdam. BPD and Synchroon signed turnkey purchase agreements with Achmea Real Estate, acting on behalf of Stichting PME pensioenfonds, and NLV, acting on behalf of Stichting Pensioenfonds Metaal en Techniek. The agreements also included property law structuring and arrangements with third parties such as the municipality of Rotterdam, local residents, and Q-Park. The team advising Achmea Real Estate and NLV was led by Wychand Kraaij and included Jan Cees Kuiken, Hendrik Stolz, and Annellyke Mellema. The team advising BPD and Synchroon was led by Herman Lohman and included Laurens de Hoog and Wouter Ekkelkamp. Specific seniority and practice areas were not disclosed in the press release.

"Rotterdam to Welcome Saxophone-Shaped Skyscraper with 822 Rental Homes"

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