Dutch businessman Hennie van der Most will have his remaining commercial real estate portfolio auctioned in September 2026 to resolve outstanding debts of nearly 50 million euros, as announced by auction house Vastgoed Veiling on Thursday, July 30, 2026.
According to a report by Rijnmond, the 76-year-old entrepreneur accumulated a total debt of 49,674,922.83 euros across 30 creditors registered with bankruptcy trustee Terlouw.
The financial downfall follows the collapse of his Rivoli amusement park project in Rotterdam, which consumed over 60 million euros of his personal capital before the municipality canceled the initiative due to repeated delays.
The upcoming liquidation scheduled for September will feature the former Speelstad Oranje amusement park near Assen, which has been vacant for a decade, alongside a 145-hectare industrial estate in Schuinesloot.
Auction Details and Properties
Vastgoed Veiling Director Richard Dieteren confirmed the comprehensive real estate auction, highlighting the scale of the former amusement park property.
"Speelstad Oranje is a property with a special history and a huge size. Many people have very good memories of this park," said Dieteren.
Dieteren noted that the closure of the park opens up significant possibilities for future commercial or residential redevelopment projects.
"The recreational exploitation has been terminated for years, but precisely because of this, space is created for a new interpretation.
For developers, recreational entrepreneurs, and investors, this can be a very interesting location," he said.
The auction house will also handle the sale of Van der Most's industrial estate in Schuinesloot, where the entrepreneur originally built his empire as a scrap metal dealer.
The commercial buildings currently generate 700,000 euros in annual rental income.
"In that capacity, this will also be auctioned," said Dieteren.
While a precise valuation for the massive industrial complex has not been officially released, the auctioneer maintains high financial expectations for the bidding process.
"Naming an amount is difficult, but given all the real estate that is there, we assume it will be quite a few zeros," said Dieteren.
In addition to the industrial properties, Van der Most's modest childhood home along Hoogeveenseweg will go under the hammer, though his primary multi-million euro villa in Gorssel remains under a separate asset seizure by creditors.
The entrepreneur previously ranked among the wealthiest individuals in the Netherlands with a net worth once estimated at 75 million euros.
