Bouwinvest Real Estate Investors has received a combined €288 mln in commitments for two of its Dutch funds from new and existing investors.
The company raised €196 mln for its office fund with the remaining €92 mln allocated to its residential fund.
Marleen Bosma, chief client officer at Bouwinvest said that the new investments allow the firm to implement the next phase of its strategy. ‘In addition to offering participations in our existing funds, Bouwinvest also wants to start providing new services and products to attract a wider variety of investors,’ he anticipated.
Bouwinvest’s Dutch residential fund is capitalising on these trends by investing in mid-range and private-sector rental housing in the leading cities, primarily in the heavily urbanised western part of the Netherlands, while Bouwinvest’s Dutch office fund invests in office properties in the five largest municipalities in the country: Amsterdam, Rotterdam, The Hague, Utrecht and Eindhoven.
These cities are adding a limited volume of office stock to their current supply, while tenant demand for high-quality, sustainable office buildings in inner-city locations near public transport hubs is increasing.
Mark Siezen, CEO at Bouwinvest, concluded: ‘Our asset management strategy contributes to sustainable, liveable and accessible urban environments while also guaranteeing stable pension payments. A growing number of investors support these goals which is inspiring me to take the next step to create value for our clients, the communities which we invest in on behalf of our clients and a more sustainable world.’