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Lingotto sells interest in A'DAM Tower

Published on 27-01-2020
Developer Lingotto has sold its shareholdings in the iconic A’DAM Tower to co-initiators and co-owners Sander Groet, Hans Brouwer and Duncan Stutterheim. In recent months, the real estate has been successfully refinanced by brand partner Rabobank and the owners have been thinking about the long-term future.

 In 2012 a joint adventure started with winning the tender for the then-old Shell tower in Amsterdam-Noord. After four years of development and construction, A’DAM opened in 2016 in accordance with the schedule and has grown over the past four years into a lively and iconic building in Amsterdam.

Management also transferred
Lingotto is proud of the joint success and would like to further focus on new development projects. From 1 February she will also transfer the management of the building. The three current owners would like to remain connected to the building in the long term and are themselves actively involved in various operations in the tower, including A’DAM LOOKOUT, Madam, Moon, A’DAM & Co., Shelter and The Loft.
 
BRON: Vastgoedjournaal, maandag 27 Januari door Sandra Lissenberg