Provast sells Tree House Rotterdam to NLV

At the end of 2025, Provast reached an agreement with NLV regarding the sale of the mixed-use Tree House project in Rotterdam, located directly adjacent to Rotterdam Central Station. This transaction marks a significant milestone for both parties in the ongoing development of the Rotterdam Central District.

Mixed-use development next to Rotterdam Central Station

Tree House is set to become a major landmark, public attraction and meeting place in the city. The 130-metre-high development of approximately 41,000 sqm and is inspired by a natural ecosystem structure. Its distinctive programme combines residential, office, and urban functions, encompassing approximately 15,000 sqm of office space tailored to innovative businesses, a commercial ground-floor plinth featuring hospitality and retail facilities, and a cultural programme developed in collaboration with De Dépendance. In addition, the project provides space for 299 residential units, of which approximately 127 are owner-occupied and 172 are rental properties. The design is by PLP Architects (London), in collaboration with ZUS.

Construction is scheduled to start in September 2026, with completion expected in the fourth quarter of 2029. Provast and NLV are delighted with the transaction and the continued progress towards the realisation of this landmark project.

“With the sale to NLV, we are jointly taking an important next step together in the development of the Rotterdam Central District,” a Provast spokesperson commented. “Partly by virtue of its location directly adjacent to Central Station, Tree House will become a sustainable icon within the city.”

Contribution to urban quality and long-term value

The Tree House project aligns with NLV’s ambition to invest in mixed-use developments at urban locations. Mixed-use developments form a key pillar of NLV’s strategy to generate long-term value for pension funds, with a strong focus on the quality of the living environment.

Provast was advised by Loyens & Loeff. NLV was advised on this transaction by Houthoff and CBRE.