Framework agreement Centre Amsterdam North (NL)

On April 28 the municipality of Amsterdam, CZAN and ING Real Estate have signed a framework agreement of Centrum Amsterdam Noord.

In this agreement the parties have commit engagements concerning realisation of this area. Centrum Amsterdam Noord provides Amsterdam North the centre she deserves. The centre comprises 3,300 new residences, extension of the shopping centre, a cinema, a library, an art library, a school of music and a theatre. The three parties together will invest € 1.5 â€" 2 billions in this area in the next future.

The framework agreements is signed by Nico Mol (director of CZAN), Kees Diepeveen (portfolio manager spatial planning urban district Amsterdam North), Anneke de Vries (managing director ING Real Estate Development) and René Grotendorst (director planning office Noordwaarts).

Source: ING Real Estate

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