Bouwinvest's resi and retail funds raise €395m (NL)

Bouwinvest's resi and retail funds raise €395m (NL)

Bouwinvest’s Dutch Residential and Retail Funds attracted €395m of equity commitments in H1 2018 from new investors including the Public Transport (Pensioenfonds Vervoer) and Hospitality Industry (Pensioenfonds Horeca & Catering) pension funds. The company also saw the first commitment from a charitable foundation, the Elisabeth Strouven Fonds

 

Allard van Spaandonk, CIO Dutch Investments at Bouwinvest, said: “Our Dutch funds attracted new names in the first-half of 2018, suggesting that the positive attributes of core-style real estate investments, such as consistent rental income returns, married with relatively low risk and an inflation hedge, are becoming more widely appreciated among domestic institutional investors. These investments also make a positive social impact, particularly for residential assets, as they are increasing rental housing supply to help relieve a shortage of homes in the major cities, and they are also developed to the highest modern sustainability standards.”

 

Bouwinvest’s new investors were advised by Sweco Capital Consultants, Corestone Investment Managers and Sprenkels & Verschuren.

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