APG will leave the location Symphony Tower on the Zuidas in 2021 and will concentrate all its Amsterdam activities in the building Basisweg 10, near Sloterdijk station. APG thereby saves over the duration of the lease (17 years) an amount of € 87 million on the housing costs, thus contributing to the goal of APG to reduce the costs per participant.
The property will be converted as from January 2019 by owner Edge Technologies into a sustainable and contemporary building. The renovation creates a modern working environment that facilitates employees better than the current working environment and invites them to work together on the main goal of APG, creating maximum pension value. Around 500 employees will move from location Symphony to Basisweg, where about 1000 employees of APG will work.
One of the most sustainable buildings in the Netherlands
Owner Edge Technologies realizes the building with a "BREEAM" sustainability certificate with the level excellent or higher so that the building will become one of the most sustainable buildings in the Netherlands, in accordance with APG's role as a responsible investor. In terms of appearance, the building will suit APG as a leading pension provider and global investor.
High-quality work environment
The renovation creates a modern working environment that facilitates employees better than the current working environment and invites them to work together. The working environment will be of a higher quality: different working methods (e.g. concentrated work, collaboration, agile work) will be facilitated in a flexible work concept.
Due to a lower price per sqm, a lower requirement for sqm and a lower energy consumption, APG saves an amount of € 87 million in accommodation costs over the term of the lease (17 years), which contributes to the APG goal of reducing the costs per participant.