The ASR Dutch Core Residential Fund, managed by the property arm of insurer ASR, has secured a €250 million commitment from an unnamed Dutch pension fund. ASR said the new capital commitment would enable the €2.2 billion residential fund to continue to invest in the mid-priced rental segment in the Netherlands, where there is a huge shortage of stock.
Launched in 2013, the ASR Dutch Core Residential Fund focuses on sustainable, high-quality apartments and single-family homes in the medium-priced rental segment. Its portfolio provides homes for around 5.000 households. The fund has 5 five-star rating from global sustainability benchmark GRESB.
Source: https://propertyeu.info/Nieuws/ASR-residential-fund-gains-250m-backing-from-Dutch-pension-fund/970ffb27-6e7d-4bf0-91a6-bdfce1ce67af, on 6.12.2022