Bouwinvest sells residential portfolio
16 april 2019
Bouwinvest Dutch Residential Fund has recently sold seven residential properties. The sale fits the fund's strategy to optimise the portfolio. Capital Value advised Bouwinvest on the sale.
The transaction includes properties in Rotterdam, Assen, Ede, Hoogeveen, Roosendaal, Valkenswaard and Venlo, all properties that are no longer fully in line with the fund's strategy. Some properties are located outside the core regions of the fund and some of the properties are rented out int the regulated rental sector.
With the proceeds from the sale, investments will be made in dwellings in the mid-priced and non-regulated rental sector within the core regions formulated by Bouwinvest. Bouwinvest expects that the demand for this type of housing will continue to be good.