Swiss Life Asset Managers bought one of the Lee Towers in Rotterdam for its funds. With this purchase, Swiss Life Asset Managers increase their market share in the Netherlands.

The iconic towers were built in 1975 as an office building. In 2019, they were thoroughly renovated and transformed into rented dwellings. The transaction comprises 443 dwellings, spread over an area of 24,000 m2 and spread over 24 floors. There is also a commercial space on the ground floor. The parties shall not rule on the purchase price.

Lee Towers was the first housing project in the M4H Harbour area, an Old Harbour area of about 100 hectares on the north side of the Meuse. In the redevelopment of the area circular economy, energy transition, digitisation and living and work must come together. One of the real estate developers that is stirring strongly in M4H is Dudok Group. In early 2019, the company bought the depth building on the Pilgrim Street after it had already emptied its hand of the HAKA building.

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