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NIBC provides a construction loan to FRED Developers for the last phase of Nieuw Kijkduin

Corporate News -

NIBC is pleased to have successfully provided a construction financing facility to our new client FRED Developers. The facility enables the construction of the last phase of Nieuw Kijkduin, a highly sustainable, modern and multi-functional seaside resort in NIBC’s very own hometown of The Hague.

Revitalising sustainably
The currently outdated Deltaplein will be redeveloped into a shopping promenade with retail units on the ground floor, a parking garage underneath and luxurious apartments on top combined with a boulevard providing space for several (beachview) restaurants and other F&B opportunities. Nieuw Kijkduin will hold a BREEAM “excellent” energy label and is considered a highly sustainable project.

Kijkduin has a clean and family friendly reputation while the Project will enhance the area’s allure. Phase 1 has recently successfully been completed and the entire project is expected to be delivered by Q4 2023.

Robbert Geel, Director, FRED Developers:
“NIBC was able to help us in a swift and constructive manner. With their expertise, fast pace and think yes mentality, NIBC enables us to redevelop the Deltaplein into Nieuw Kijkduin. This revitalizes and makes use of the enormous potential of this part The Hague.”

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