Qualitative mismatch: right homes, right locations for specific target groups

To meet growing demand for affordable homes focus on mid-rental segment

The built environment consumes around 40% of the world’s energy and accounts for up to 30% of the world’s annual GHG emissions. Additionally, the building industry is a large user of raw materials.

There are a number of critical success factors that we believe will help us achieve our investment objectives and implement our investment strategy.

The Fund applies a defined set of diversification guidelines and investment restrictions in the execution of its strategy. The Fund will adhere to the following investment restrictions to focus on its core activity and to limit risks.

Total property value (276 properties, 18,227 homes) of € 6,483 million at year-end 2019

As a result of our active focus on the acquisition of new properties, we were able to make 11 high-quality acquisitions in 2019. Investments totalled around €422 million in 2019, some €223 million above plan.

Portfolio composition at year-end 2019:

A key element of Bouwinvest’s active asset management is our aim to achieve an optimal fit with tenants’ needs by engaging with (potential) tenants and adapting both new and existing homes to the evolving housing desires identified by our marketing

The Fund realised a total return of 11.5% in 2019 (plan: 9.7%; 2018: 18.2%) consisting of 2.3% income return (plan: 2.5%; 2018: 2.5%) and 9.1% in capital growth (plan: 7.2%; 2018: 15.4%).