Ballast Nedam to Build Part of Hogeschool van Amsterdam's Amstel Campus

NIEUWEGEIN, Netherlands, July 15, 2011 /PRNewswire/ --

Ballast Nedam has reached an agreement for the construction of the new Hogeschool van Amsterdam (University of Applied Sciences) building, its sports and catering facilities and student housing at sites on Wibautstraat and Boerhaavestraat. This construction is part of the new Amstel Campus at that location.

The new Wibaut Building will contain teaching facilities, offices and an underground car park. A new residential building with 60 student units will be constructed behind the Wibaut Building. The new Boerhaave Building will feature teaching facilities, a sport centre with catering facilities and student housing. The total project will have over 67,700 m2 of floor space. The Boerhaave Building and Wibaut Building are scheduled to be completed at the end of 2014.

The new development has a net contract value of over € 93 million, including the technical equipment. Burgers Ergon will be responsible for the technical installations.

Ballast Nedam integrates all working processes in the entire chain, thereby ensuring the highest level of coordination for our client. Chain integration is made possible in this major project thanks to the network of specialist companies in the Ballast Nedam family. Ballast Nedam Foundations, Ballast Nedam Specialist Earthmoving, Hoco Beton (concrete) and Omnia Plaatvloer (flooring) are responsible for a significant part of the structural work.

The new Boerhaave Building and the Wibaut Building are part of the development of the Amstel Campus. This new urban campus of the Hogeschool van Amsterdam offers a unique combination of studying, living, working and recreation. In the past, Ballast Nedam was entrusted with the renovation of the campus's Kohnstamm Building and is currently constructing the parking facility at Kohnstammhof.

Ballast Nedam is a leader in the field of construction and infrastructure. In the Netherlands, the company is engaged in integrated projects in the areas of mobility, housing, employment, recreation and energy for business, government and residential consumers. Internationally, Ballast Nedam is active in several areas of expertise. Ballast Nedam provides design, process and contract management in the development, construction and management phases. In addition, the company delivers specialized knowledge, products and product components. Ballast Nedam is listed on NYSE Euronext in Amsterdam. The fund is included in the Amsterdam Small Cap Index. For more information please visit http://www.ballast-nedam.nl.

SOURCE Ballast Nedam NV