194 affordable apartments added to portfolio

Amsterdam 14 january 2021 On 1 December 2020, national property developer and builder VORM and investor and developer Rockfield Real Estate (on behalf of one of their funds) signed the agreement for the realisation of residential building Fibonacci in Amsterdam, district Oost. Rockfield will also provide propety management. Construction is expected to start in the second quarter of 2021.

With Fibonacci, VORM adds 243 rental apartments to the sustainable and affordable rental segment in the municipality of Amsterdam. All apartments fall within the affordable rental segment, with 20% intended for social rent (purchased and managed by Stadgenoot housing association) and 80% for medium rental. The 194 middle-rent apartments are intended for one of Rockfield’s funds. On behalf of Rockfield, Guido van der Veen, Director of Development, and Wouter van den Eijnden, CEO, signed the agreement.

Affordable apartments
In the development of Fibonacci, much attention has been paid to the living environment of the future tenants. The new residential building will have a balanced mix of target groups and functions. ‘We are creating a sustainable living environment with a community living concept,’ says Jeroen van Lier, Area and Site Development Manager at VORM. In addition, with residential building Fibonacci, we are making a very large contribution to the ambition of the City of Amsterdam to build 1,670 medium-rent homes every year,’ adds van Lier. With Fibonacci, Rockfield and VORM are working on affordable housing for, among others, young professionals in Amsterdam. Living in Fibonacci equates to the need for urban living; a combination of city living, with a green touch. Rockfield’s speciality.

Guido van der Veen: ’ Rockfield specialises in affordable and high-quality housing for urban professionals. Our task in the coming period is to further expand our portfolio of residential buildings in the Netherlands. Fibonacci fits perfectly within this quest and fits seamlessly with our housing vision’ .

The Cohesion

Community living concept
The concept is rented out by Rockfield under the name Fibonacci, which is characterised by apartments delivered with a high-quality finish, including floor, wall and window coverings, and focuses on hospitality, service and community. The residential building will include facilities that encourage participation among tenants as well as with the immediate surroundings. Rockfield wants to contribute to the further growth and development of the Eastern Docklands area with this characteristic hospitality and the well-known programming of social events.

Sustainable apartments
The apartments are a high-quality addition to Oost urban district. Living in Fibonacci also means living sustainably. The apartments will be delivered with an EPC of 0.15 and a GPR building score of 8. The building will have its own heat/cold plant to which the individual apartments will be connected. In addition, the green roof gardens are used, among other things, to store 200 m3 of water, which is used to irrigate the plants.

Realisation by VORM2050
Together with its strategic manufacturing partners, VORM 2050 will ensure the realisation of the project. A unique feature is the complete prefabrication of the building. All ready-made building elements will be assembled from the ground floor. In addition to optimising construction time, this results in major environmental gains.

Location
The plan area is situated in the Eastern Docklands of Amsterdam (stadsdeel Oost). To the west of the plan area lie the Eastern Islands (Funenpark and CzaarPeterbuurt), which are part of stadsdeel Centrum. East of the plan area lies Cruquius Island. Surrounding infrastructure makes the plot a kind of remnant area and island in the city. The railway on the west side the Panamalaan on the east side and the Cruquiuskade on the south side form the hard boundaries.

Completion of the residential building is scheduled for the third quarter of 2023.