6 July 2021

Real estate SPAC goes public

Today, four days after the arrival of Odyssey, New Amsterdam Invest, a Dutch SPAC that focuses on real estate, made an appearance on Beursplein 5. The eighth SPAC of the year will earn more than €49 million, which it wants to use to buy a stake in a commercial real estate company in Europe or the United States that is attractive to investors.

Update: Following a merger with real estate fund Sommerset, the real estate fund will take over the listing of the eponymous SPAC in June 2023 under the new name New Amsterdam Invest.