Achmea Real Estate today launches a new impact fund, specifically aimed at acquiring and making older rental homes more sustainable: the Achmea Dutch Residential Impact Fund (ADRIF). Achmea is the first financial services provider with such a fund.
In the Netherlands, there are almost one million rental homes with energy label D or worse. These homes must be made more sustainable in the coming years to meet the Paris climate targets. Achmea is now taking the lead in this. Achmea is initially investing €50 million in the new Achmea Dutch Residential Impact Fund (ADRIF). This money will be used to buy older, poorly insulated rental homes and to make them more sustainable. It is expected that it will mainly be housing complexes that will be taken over from business parties. These can be other large investors, housing corporations that want to sell part of their portfolio or private investors with a reasonably large portfolio. The fund will not buy homes from individual owners.
Achmea invites other institutional investors, such as pension funds, to participate in this fund, which can grow to a size of €1 billion by 2030.
Source: press release sent 14 January 2025