Amsterdam-Zuidoost is growing: The Hills is taking shape

10 November 2026

Merin has sold two office buildings in Amstel III in Amsterdam-Zuidoost to De Alliantie and Amvest on behalf of the Housing Associations’ Pension Fund Foundation. The Hills will soon be built on this site: three residential towers comprising a total of 602 homes. The transaction contributes to the ongoing transformation of an office area into an urban neighbourhood.

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The Hills will bring a varied mix of homes to Hondsrugpark: social housing, mid-range rental and private sector housing. Offices and amenities on the ground floor will turn the area into a vibrant neighbourhood. SBB Ontwikkelen en Bouwen and HSB Bouw B.V. are working towards a turnkey handover in the second half of 2030.

Houthoff advised Merin and Flow Real Estate Development on the sale. The Houthoff team was led by Rosalie van der Sluis and Lucas Louwerier and also comprised Roxanne Mulder, Wim Greijskamp, Christine Dom, Bart Hoozemans, Lotte van Maren, Pepijn Smits, Annellyke Mellema, Sebastiaan Smit and Sabrina Matias de Campos.