RED Company

Sole Financial Adviser

Van Lanschot Kempen acted as Sole Financial Adviser to RED Company in the creation of the Joint Venture with Redevco for the development of the BaanTower in Rotterdam, the Netherlands.

Transaction highlights

RED Company and Redevco have joined forces for the realisation of The BaanTower in Rotterdam through a new joint venture
The 159 meter high BaanTower will be one of Rotterdam’s most sustainable apartment buildings served by renewable energy sources and innovative thermal energy solutions with 38,250 sqm of GLA
The BaanTower will be located in the heart of the city’s vibrant Baan Quarter, providing 427 rental apartments of which 30% are in the mid-market segment
The BaanTower is designed by Powerhouse Company and construction is expected to commence in September 2023, with expected delivery in 2026
RED Company and Redevco share the belief that mixed-use and residential developments, such as The BaanTower, play a key role in the densification of cities, ensuring a more sustainable, social, and inclusive society

About RED Company

RED Company, founded in 2015, is a Rotterdam-based real estate development company
The company focuses on developing next-level, innovative real estate of the highest possible quality

About Redevco

Redevco, part of COFRA Holding, is one of Europe’s largest privately-owned urban real estate companies with around €9.7 billion in assets under management
The company focuses on opportunities to re-purpose to mixed-use, in the segments of living and leisure & hospitality as well as in retail warehouse parks

Van Lanschot Kempen Real Estate credentials

Van Lanschot Kempen has advised on more than €125 billion in real estate transactions across 15 different countries in Europe

Please do not hesitate to contact us if you have further questions

Dick Boer

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