Insights > Deals
De Alliantie and Amvest buy Amsterdam office sites for rental housing
10 November 2026 | Asset acquisition | Netherlands | 602 units | Development
Merin has sold two Amstel III office properties for Flow Real Estate’s The Hills rental development.
Key details
Asset type | Development |
Location | Amsterdam, Netherlands |
Capacity | 602 units |
Buyer 1 | De Alliantie |
Buyer 2 | SPW |
Seller | Merin |
Value | Undisclosed |
Source: The Hills
De Alliantie will acquire 369 social and mid‑market rental apartments across two towers. Amvest is acquiring the third tower’s 233 mid‑market and market‑rate homes on behalf of the Dutch pension fund SPW.
The entire development is planned for completion in the second half of 2030.
Strategic context
Amvest previously acquired 816 rental units for Aegon at the nearby SPOT. It also worked with De Alliantie at DUIN in Almere, where the housing association acquired the social‑rent homes. The Hills marks another collaboration between the two partners: De Alliantie will acquire all the social units, while the tower acquired on behalf of SPW will include both mid‑market and market‑rate rental homes.
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