KONINKLIJKE HEIJMANS N.V. Heijmans and Vesteda have signed an agreement for the development and construction of 235 new homes. The plan forms part of the Kanaleneiland district's area development in Utrecht.
The agreement between Heijmans and Vesteda includes the development and construction of 235 apartments at Churchilllaan for non-subsidized rental to young starters on the housing market. After completing sub-plans one to three, inclusive, of the Kanaleneiland district's area development plan, this project puts the finishing touch on the Utrecht's inner city to Papendorp axis. Construction work is scheduled to start after the summer this year and completion is planned for the end of 2018.
Heijmans previously signed an agreement with Aventicum for the renovation of 252 homes in the same area. Heijmans has been working on structural improvements to the Kanaleneiland district together with the Municipality of Utrecht, Portaal and Mitros since 2002: attracting new groups of residents, diversity of buildings, new public landscaping and a focus on culture. The 'Utrechtse Monitor' and the 'Krachtwijken Monitor' show that the spatial interventions have already improved the district's quality of life and safety during the district's development. This agreement is consistent with the strategy initiated by Heijmans in relation to inner city transformation and renovation, and marks the next step in the development of the Kanaleneiland district.
The agreement will be signed today, 7 June 2016, at 11:30 during the PROVADA Real Estate Exhibition at the Heijmans exhibition stand.
About Heijmans
Heijmans is a listed company that combines activities related to property development, residential building, non-residential building and infrastructure in the working areas living, working and connecting. Heijmans is active in the Netherlands, Belgium and Germany and as a technology partners delivers know-how and concepts in various markets. Our constant focus on quality improvements, innovation and integrated solutions enables us to generate added value for our clients. Heijmans realises projects for private consumers, companies and public sector bodies. With over 6,500 employees and almost € 2.0 billion in revenues in 2015, we are building the spatial contours of tomorrow. You will find additional information on www.heijmans.nl.
For additional information/not for publication:
Media
Rik Hammer
+31 73 543 52 17
rhammer@heijmans.nl
Analysts
Guido Peters
+31 73 543 52 17
gpeters@heijmans.nl
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Heijmans NV via Globenewswire
