The portfolio consists of 620 apartments and 53 single family homes, as well as commercial and parking spaces. Heimstaden has local offices in the Netherlands and will provide in-house services to all customers.

“At Heimstaden, we simplify and enrich our customers lives through Friendly Homes. As a sustainable housing provider, we look forward to making a positive societal and environmental contribution in all our markets,” said Simon Kuijs, Investment Manager at Heimstaden.

The agreement with Mooiland is Heimstaden’s first acquisition from a Dutch non-profit housing corporation. The Dutch authority for housing corporations, local governments, and residential organizations, have approved the acquisition.  

Heimstaden will take over all existing contracts and will commit to seven years of rental restrictions to guarantee affordable homes for the customers.

“Providing affordable and sustainable homes for our customers in Noord-Holland aligns with our values, and is a task we are excited to fulfil,” said Simon Kuijs.