International Campus Starts Construction of 394 Student Apartments in Dutch City of Leiden
- Two-part THE FIZZ apartment building includes community spaces and communal garden
- Asset in Leiden acquired in late 2021
- Completion of this second development of International Campus in the Netherlands scheduled for year-end 2023
- Niersman Project Development B.V. operates as project developer and general contractor
International Campus (“IC”), a leading investor, developer and operator of concepts for student living and urban living in Europe, just kicked off the construction of a student apartment block in the Dutch city of Leiden. THE FIZZ Leiden will consist of two linked building sections with a combined gross floor area of around 14,900 square metres, split into 394 single-occupancy apartments. The development will also create generously proportioned community spaces as well as a communal garden. The architectural design draft by Kokon Architectuur & Stedenbouw B.V. places great emphasis on sustainability: The concept includes a heat pump, a rainwater harvesting system and a green roof, among other things. Niersman Project Development B.V. is the project developer and general contractor.
“We are now moving ahead with the construction of our second apartment scheme in the Netherlands, which will strongly prioritise sustainability. The student apartment block THE FIZZ creates urgently needed residential accommodation, co-working spaces and recreational amenities for young people,” said Rogier Hetterschijt, Head of Acquisitions for the Netherlands at International Campus Group. “The student apartment block comes with optimal access to the University of Leiden, the town centre and the central railway station. Moreover, it takes less than 30 minutes to get to the seaside. So, it is the perfect setting for a wonderful, productive student life.”
Michael Stapf, Chief Investment Officer at International Campus, added: “We are aware that the Netherlands have a massive shortfall in compact accommodation for students and working professionals. In response, we are planning to move forward with another three acquisitions in this growing market. Over the past two decades, student enrolment in the Netherlands has doubled, whereas the supply in adequate housing has not.”
Founded in 1575, Universiteit Leiden is the oldest university in the Netherlands and counts among the country’s finest higher education institutions. According to the university’s own figures, more than 32,000 students are currently enrolled here (as of 2020). The city also hosts several universities of applied sciences and private institutions. Leiden has a population of around 125,000 (as of early 2022). The local railway station provides quick service connections to Rotterdam, Amsterdam and The Hague. Schiphol Airport is only about 30 minutes away.