Timeless Investments

What Timeless Investments does

Timeless Investments is a privately held, family-owned entrepreneurial investment office headquartered in Amsterdam, founded in 2000 by Hans van Veggel on the foundation of Multi Development Corporation (established 1982, which developed 180+ award-winning inner-city shopping centres across Europe). The firm operates across direct real estate development, real estate investment management, and private equity through a portfolio of wholly-owned and jointly-controlled affiliate companies, with Bas and Tim van Veggel now leading the business as second generation. Its operating platforms include COD (Cradle of Development, ranked the most productive developer in the Netherlands with EUR 2Bn+ of investment value and 6,500+ residential units under development), ZOM Living (US multifamily developer, ~24,500 units delivered at >USD 5Bn aggregate value, currently 6,700 units in construction/pre-development), GEM Real Estate (Dutch logistics platform founded 2024 with Willem Slager and Tristan Capital Partners), ZRS Management (US residential property manager with 1,500+ FTEs and ~85,000-90,000 units under management), StoneBridge Investments (Washington DC-based US multifamily asset manager with a >USD 1Bn track record averaging 17% IRR), B. Amsterdam (a 63,000 m2 startup campus, founded 2013, with planned 200,000 m2 expansion), and The Timeless Foundation (charitable arm focused on education, nature, art, and healthcare).

The company monetizes across multiple revenue streams: development fees and property sales (one-time, via COD, ZOM Living, GEM); asset management fees and carried interest from co-investment partnerships with institutional investors (recurring, via StoneBridge and direct mandates exceeding EUR 0.5Bn AUM); third-party property management fees (recurring, via ZRS); rental income and value appreciation from owned assets (via B. Amsterdam and direct holdings); and transaction-linked private equity returns. Its go-to-market is relationship-based and institutionally-oriented, engaging large institutional investors as co-GPs and limited partners, Dutch and European family offices, and high-net-worth individuals; the firm has no public marketing, no pricing transparency, and reaches investors through personal relationships, industry events (e.g., Provada), and press coverage. Geographic activity spans the Netherlands, Germany, Portugal, Turkey, and the United States.

The business model is unusual among family offices: rather than acting purely as a passive allocator, Timeless builds and holds long-duration operating businesses across the real estate lifecycle, using permanent patient capital to pursue generational strategies, integrated platform synergies, and general-partnership roles in large value-add operations alongside institutional investors.

Name

Timeless Investments

Legal name

Timeless Investments

Website

https://timeless.nl

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

Timeless Investments is a family-owned investment office in Amsterdam operating direct real estate development, asset management, and property management platforms across Europe and the US through affiliates COD, ZOM Living, GEM Real Estate, StoneBridge Investments, ZRS Management, and B. Amsterdam.

Ownership category

akta.pro rank

Product category

Family Office Real Estate Investment

NAICS

Portfolio Management and Investment Advice (523940), All Other Financial Investment Activities (52399), Open-End Investment Funds (52591)

SIC

Investors, Nec (6799), Real Estate Dealers (For Their Own Account) (6532), Investment Advice (6282)

akta.pro primary industry

HoldCo / Permanent Capital ETA (FSANALAE)

akta.pro secondary industries

Roll-Up / Buy-and-Build ETA (FSANALAF), Family Office–Backed ETA (FSANALAH), Micro-PE / Lower Middle Market ETA Funds (FSANALAG), Real Estate Investment Advisory (Acquisitions/Dispositions, Capital Allocation) (BPAJANAA)

Keywords

• Family office services
• Real estate development
• Private equity investments
• Property management
• Asset management

Headquarters

HQ city

Amsterdam

HQ country

Netherlands

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Real Estate Development: Timeless develops residential and commercial real estate through various affiliate companies including COD (Netherlands), ZOM Living (US), and GEM Real Estate (logistics). Revenue generated from development fees, property sales, and long-term asset ownership.
2. Real Estate Investment Management: Timeless co-invests and acts as general partner for large value-add operations with institutional investors (>EUR 0.5Bn AUM). Generates management fees and carried interest from investment performance.
3. Platform Investments and Holdings: Through subsidiary platforms including StoneBridge Investments (US multifamily asset management), ZRS Management (property management), and B. Amsterdam (coworking/startup hub), generating returns through asset management fees, rental income, and value appreciation.
4. Private Equity Investments: Direct and indirect investments in public and private equity through extensive network and in-house expertise. Focus on appealing and innovative themes with active allocation strategy.

Go-to-market motion2 records

Distribution channels5 records

Marketing channels4 records

Core offering

Timeless Investments is a family-owned entrepreneurial investment office that conducts direct real estate development and investment across Europe and the US through affiliate platforms (COD, ZOM Living, GEM Real Estate, ZRS Management, StoneBridge Investments, B. Amsterdam). The firm pursues direct and indirect private equity investments alongside institutional co-investors and acts as general partner for large value-add operations exceeding EUR 0.5Bn AUM. It operates a generational strategy with hands-on entrepreneurial management.

Product overview

Timeless Investments is a family-owned entrepreneurial investment office that operates multiple distinct real estate development and investment platforms. The core offering encompasses direct real estate development through COD and ZOM Living, property management via ZRS Management, logistics real estate development through GEM Real Estate, and asset management via Stonebridge Investments. These platforms are supplemented by B. Amsterdam, a startup campus concept, and The Timeless Foundation for charitable activities. The portfolio spans residential, commercial, and logistics properties across Europe and the United States.

Differentiator

Problem solved

Functional benefit

Brands

• The Timeless Foundation: Charitable foundation focused on education, nature, art and healthcare development and support.

Products and services

• COD (Cradle of Development) Amsterdam-based real estate development company ranked as the most productive developer in the Netherlands, managing approximately EUR 2Bn investment value, 850,000 m2, and over 6,500 residential units under development with 1,800 units under construction.
• ZOM Living US multifamily developer with offices throughout the Southeast, having developed nearly 24,500 apartment units with aggregate value exceeding USD 5.0Bn, currently with 6,700 units under construction or in design and pre-development.
• GEM Real Estate Merchant logistics real estate developer and investor focused on creating and managing logistics space with technology, architecture, and sustainability integration aligned with ESG performance.
• ZRS Management Independent US residential property management company managing approximately 85,000-90,000 units of multifamily and single-family real estate for third-party institutional owners with over 1,500 FTEs.
• StoneBridge Investments Asset manager for standing multifamily assets based in Washington DC, serving Dutch family offices and high net worth individuals with the Van Veggel family as anchor, with over USD 1Bn track record averaging 17% IRR.
• B. Amsterdam Start-up campus created in 2013 by transforming the former IBM office into a hub for startups, scale-ups, and corporates, consisting of 3 buildings and a logistic smart city hub totaling 63,000 m2 in western Amsterdam.

Quantifiable outcome

• Developed over 180 shopping centers in Europe
• +3 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered minor and core.

• Amsterdamsche Hockey & Bandy Club (AH&BC)minorOthers · 1 January 2025StoneBridge Investments became a new sponsor for AH&BC youth development. The Van Veggel family children actively play at the club.
• Minister Mona KeijzerminorOthers · 1 January 2024Bas van Veggel participated in discussion with Minister Mona Keijzer about housing construction, exploring how government and market can revive residential development.
• Willem SlagercoreStrategic or Co-development PartnerTimeless entered into exclusive partnership with former CEO of DHG, Willem Slager, to found GEM Real Estate logistics platform. Willem has more than 20 years of experience in logistics developments and was named real estate decision maker of the year in 2018 by Vastgoed Journaal.
• StoneBridge InvestmentscoreStrategic or Co-development PartnerStoneBridge Investments is based in Washington, DC and serves as asset manager for standing multifamily assets acquired on a deal by deal basis for Dutch family offices and HNWI with Van Veggel family as anchor. The StoneBridge team has decades of experience with >USD 1Bn track record averaging 17% IRR.
• GEM Real EstatecoreStrategic or Co-development PartnerGEM is a merchant logistics real estate developer and investor founded in partnership with Willem Slager. GEM has an investment mandate with capital partner Tristan Capital Partners to build a significant portfolio of standing logistics assets throughout the Netherlands.

Scale indicators13 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Brookfield Asset Management: Largest global alternative asset manager with a major real estate platform spanning development, asset management, and operating businesses. Comparable to Timeless as a multi-strategy real estate investor-operator that also earns fee-based income, though at vastly larger scale and with permanent capital vehicles.
• AEW Capital Management: Established global real estate investment manager serving institutional capital with research-driven investing. Comparable to Timeless's GP role for EUR 0.5Bn+ institutional investors in European value-add real estate.
• Heitman: Global real estate investment manager with diversified strategies across debt and equity, including European multifamily. Comparable to Timeless's diversified European/US investment mandate with institutional capital partners.

Direct peers

• Kennedy Wilson: Global real estate investment company with a family-style ownership orientation that invests across US and European real estate, including multifamily development and asset management. Highly comparable to Timeless's cross-Atlantic operating model where value is created through opportunistic acquisitions, development (KWA), and balance-sheet investment.
• Greystar Real Estate Partners: World's largest multifamily property manager and developer with US/international operations covering investment management, development, and management. Directly comparable to ZRS Management's 85k+ unit platform and to ZOM Living's development activity.
• Tristan Capital Partners: London-based European real estate investment manager and Timeless's existing capital partner on the Leone portfolio and the GEM logistics mandate. Comparable as a European value-add operator running third-party capital alongside principal investment, the same model Timeless applies with its co-investors.
• Lennar Corporation: One of the largest US homebuilders with a national multifamily development arm (Lennar Multifamily Communities). Direct functional comp to ZOM Living's Southeast US multifamily pipeline of 6,700 units, though at materially larger scale.
• Lincoln Property Company: Large US residential and commercial property manager and developer with international operations. Closest functional comp to the ZRS Management 85k+ unit third-party institutional management business, plus development overlap with ZOM Living.
• Stockbridge Capital Group: US real estate investment manager with a focus on multifamily and other equity strategies, often running capital for institutional and family-office LPs. Direct comp to StoneBridge Investments and to Timeless's institutional co-investment model.
• COD (Cradle of Development): Timeless's own Dutch development subsidiary; included as a subsidiary peer reflecting how the platform benchmarks against top-tier Dutch developers such as BPD, AM, or Heijmans in residential scale (6,500+ units under development).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/timeless-investments

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments4 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Timeless Investments