Heijmans and Patrizia to develop 600 homes in The Hague

10/6/2015, 2:30 PM (Source: GlobeNewswire)

Heijmans, German investor Patrizia and the Municipality of The Hague have signed a declaration of intent for the development and construction of approximately 600 homes along the Leyweg road in The Hague. The value of this agreement is at least € 80 million.

The agreement comprises the development and construction of approximately 600 homes, as well as commercial facilities and a parking garage near the renovated Haga Hospital in The Hague South. The development concerns a mix of land-based single family homes and apartments, owner occupied homes, as well as rental homes. Thirty percent of the new homes is destined for social housing. Project realisation is scheduled to start at the end of 2016.

The Hague is growing and there is a need for additional high-quality homes where people can continue to live into old age. This project - with a diverse supply of homes at a central location close to all healthcare facilities - responds to this need.

About Heijmans
Heijmans is a listed company that combines activities related to property development, residential building, non-residential building and technical services, and infrastructure in the living, working and connecting areas of endeavour. Heijmans is active in the Netherlands, Belgium and Germany, and as a technology partner supplies knowledge and concepts in various markets. We create added value for our clients by focusing on quality improvement, innovation and an integrated approach. Heijmans realizes projects for home buyers, companies, and government entities. With a workforce of approximately 6,800 employees and a turnover exceeding € 900 million during the first six months of 2015, we are building on the skyline of tomorrow. For more information, visit www.heijmans.nl.

For additional information/not for publication:

Media
Marieke Swinkels-Verstappen
+31 73 543 52 17
m.swinkels@heijmans.nl

Analysts
Guido Peters
+31 73 543 52 17
gpeters@heijmans.nl





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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Heijmans NV via Globenewswire

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