AXA IM Alts acquires multifamily residential complex in Delft, The Netherlands

AXA IM Alts has acquired, on behalf of clients, The Ridge, a modern 300-unit multifamily residential complex in Delft, The Netherlands.

Delivered in two phases in 2018 and 2020, the building comprises a mix of semi-furnished and furnished apartments and studios on five floors. Residents benefit from a range of high-quality amenities, including an in-house gym and sauna, lounge areas, as well as a private common garden along a canal.

The Ridge is fully occupied by young professionals, and employees and students of the adjacent University of Technology Campus of Delft. In line with AXA IM Alts’ global-sustainability strategy, the building’s features include a thermal energy-storage system for heating and cooling, 700 rooftop solar panels and an Energy Label A rating on 90 percent of the units.

Located in the Randstad Urban Region, one of the largest metropolitan areas in Europe, the property is a 10-minute bike ride from the city’s main railway station and n