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Dutch pension fund to invest €170 million in Altera housing fund

Real estate investor Altera Vastgoed has received a commitment from a Dutch pension fund to invest €170 million into the Altera housing fund. Altera’s current residential portfolio consists of 5,762 homes, 70% of which are in the affordable rental category up to €1,200. 

Moreover, up to 7,000 new houses could be added in the coming years thanks to new construction projects, which include care homes in Leiden, single-family homes in Almere, and mid-market rental developments in Utrecht, Amsterdam, and Zaandam.

Source: alteravastgoed.nl on the 3rd of February 2023
https://www.alteravastgoed.nl/en/nieuws/new-shareholder-makes-e170-million-commitment/