Joint venture acquires OMA's huge stacked Amsterdam hotel
Global finance firm AXA Investment Managers - Real Assets has joined forces with Denmark’s largest pension fund, ATP, to acquire a 650-room lifestyle hotel in Amsterdam designed by the architectural practice of Rem Koolhaas.
The four star Nhow Amsterdam RAI Hotel – which will feature conference facilities, a wellness centre, skybar and restaurant and its own TV studio – is being built on the southeastern edge of the RAI Expo Centre, which is one of the largest of its type in Europe.
Visualised by architects OMA, the hotel will be the biggest in the Netherlands. The eye-catching design will see three twisting triangular volumes stacked together, preserving the dense flows of pedestrians, cyclists and automotive traffic traversing the site and “creating a unique presence on Amsterdam's skyline.”
In a statement, AXA said it will “become an international hub for business and leisure travellers” when it opens in the second half of 2019.
Construction on the project, which will be BREEAM Excellent certified, started in September 2016.
“Amsterdam RAI needed a new urban presence,” said OMA partner Reinier de Graaf when the project was first launched in 2015. “A prominent [twisting] advertising pillar next to the site provided inspiration for the hotel, which is both a part of the new context and an extension of the Amsterdam RAI itself.”
Real estate developers COD and Being Development have overseen the project so far. A division of AXA has partnered with ATP in a joint venture to acquire the development by way of a forward purchase.
The hotel will be operated by Nhow, part of the NH Hotel Group, which has signed a pre-let on a long-term lease.
“This acquisition demonstrates AXA IM - Real Assets’ capabilities to underwrite significant development projects across a diverse range of sectors, with the goal of generating attractive returns on behalf of our clients,” said Nathalie Charles, the company's regional head of asset management and transactions for Southern Europe.
“Amsterdam is one of Europe’s fastest growing and most dynamic cities and we are excited about growing our hotel footprint, following soon after the refurbishment inauguration of the NH Collection Grand Hotel Krasnapolsky in April 2016.
“It is an ideal location to build a large-scale and high-quality hotel, that is attractive to both corporate and leisure guests, alongside an operator who has established a market-leading reputation managing hotels across the region.”
AXA IM - Real Assets’ now has a portfolio of over 80 hotels, across eight countries, that it manages on behalf of clients. According to the company, the combined value of its properties is €2.6bn (US$2.8bn, £2.2bn).
OMA Amsterdam AXA Investment Managers - Real Assets Nhow RAI Expo Centre Nhow Amsterdam RAI Hotel Rem KoolhaasRenovated Amsterdam ArenA to use repurposed car batteries as back-up energy system
W Amsterdam hotel opens black and gold bank vault spa
Ben van Berkel wins project to revitalise Amsterdam
Studio Proof recreate 1920s glamour at Amsterdam's Hotel Krasnapolsky
Phase one renovations completed at quirky Pulitzer Amsterdam hotel
Hot spring wellness community Ameyalli sells residences and breaks ground on resort and spa
OMA completes New Museum transformation with landmark expansion and Oberon restaurant
OMA has completed a major transformation of New York's New Museum, creating a larger cultural campus that combines expanded exhibition spaces with learning, performance, hospitality and public programming. The latest addition, Oberon, extends the visitor experience beyond the gallery, reflecting a growing trend for museums to become all-day destinations.
The New Museum in New York has entered a new chapter with the completion of a major
David Rockwell creates immersive magic destination, The Hand and The Eye
Montana Heritage Center by Cushing Terrell opens after US$107 million investment
Universal launches new theme park model with Kids Resort
'Minor wellness hotels' recorded the strongest growth across top KPIs in 2025, finds RLA Global
Great Barrier Reef attraction set for AU$180 million reinvention
Fairmont Cheshire, The Mere, has architecture by Leach Rhodes Walker and interiors by Bergman Design House.
Marriott International partners with Fitwel for wellness solutions across its residential portfolio
Preidlhof Luxury DolceVita Resort to unveil new spa in February 2027
Places Leisure is working with Roberts Limbrick to build £60m wellness flagship in Basingstoke
Hoshino Resorts opens Kai Kusatsu as it expands the Kai onsen ryokan brand
Qiddiya and Populous share details of Saudi Arabia’s National Tennis Centre
Disney confirms US$30 billion investment programme as it highlights its economic impact
Until combines multiple disciplines at new Canary Wharf club
Sea Lanes opens following a partnership between The Eden Project and Canary Wharf Group
Bas Smets brings water and wilderness to Vitra
Expo 2030 Riyadh will create a permanent global destination
Luxury resort coming to Hunter Valley will have longevity spa
'Data chocolate', dreams made real and artworks shaped by visitors’ emotions: Refik Anadol’s AI art museum launches in Los Angeles
London Museum reveals 2026 opening date for new Smithfield home
BIG unveils Eve Music Hall as Croatia venue nears completion
Bob Rogers hands BRC to long-serving leadership team
Palazzo di Varignana launches family wellbeing and longevity retreat in Emilia Romagna
Anasa Wellness and Spa debuts at Patmos Aktis as it joins Marriott
Design-led Koru Health Club combines high-performance training with recovery
Wellness care hospital opens in Vilnius with innovative spa and hospitality concept
Universal and Puy du Fou projects point to rise of Oxford–Cambridge corridor
A proposed Puy du Fou development near Bicester and Universal Destinations and Experiences’ planned resort in Bedford are emerging as part of a wider transformation of the Oxford–Cambridge Growth Corridor into a major centre for UK leisure and tourism investment.
For years, the corridor has been associated primarily with science, technology, housing and university-led economic growth. However, the clustering of large-scale visitor attraction projects along the
All-inclusive eco-wellness development Auko to open near Vietnam’s Son Doong caves
Shedd Aquarium upgrades its visitor experience with new Immersion Theater
Shedd Aquarium has opened the Immersion Theater developed in partnership with SimEx-Iwerks, as part of a wider strategy to enhance the guest experience and create additional revenue opportunities.
The attraction has transformed the aquarium’s Phelps Auditorium into a multi-sensory venue combining panoramic projection, environmental effects and interactive technology.
A new pre-show area allows visitors to engage with augmented reality marine animals before entering the
Designed to restore neglected land and renew the identity of Iraq’s capital city, Baghdad Sustainable Forests promises a new way of living surrounded by nature. Gensler’s Ian Mulcahay tells us why he thinks the project could become a model for the repair and enhancement of urban centres




















