International Campus (IC) has sold the land and development rights for the Waldorp Four project, a significant residential initiative in The Hague’s Central Innovation District. Initially envisioned as 808 units, the project has been expanded to include 1,175 apartments, reflecting the evolving needs of the area. The decision to sell follows IC’s strategic shift, with the company focusing on other priorities. “We’re proud of the progress made and the contribution this project will make to the area’s growth, but it no longer aligns with our strategy,” explained Jasper Boot, IC’s head of Acquisitions and Development for the Netherlands. Sustay, a long-standing partner in the project, acquired the rights and land and has subsequently sold the development to end-investors DUWO, Arcade, and Greystar. The transaction was finalized on December 18, 2024. The completed development will deliver sustainable and affordable housing, incorporating modern residential units, community spaces, and amenities designed to enrich the urban fabric of The Hague. IC was supported during the transaction by Greenberg Traurig for legal matters and CBRE for commercial advisement. This deal marks a critical step in the realization of Waldorp Four, ensuring its continued progress under Sustay’s leadership while reinforcing IC’s commitment to aligning projects with its evolving goals. Photo: Paul de Ruiter Architects