Round Hill completes acquisition of a 3,600 unit dutch residential property portfolio

The WIF portfolio comprises approximately 3,600 units situated in markets throughout the Netherlands. With six acquisitions completed since its first Dutch residential transaction in June 2014, Round Hill has recently been the most active investor in the residential market of the Netherlands. These acquisitions build on Round Hill’s established track record of successfully and reliably managing residential property including social housing in Germany and the UK. The completion of the acquisition comes with the agreement of not only the stakeholders of WIF but also the input of various key parties in the Dutch social housing market. The transaction represents an important benchmark in the Dutch residential market, being one of the first significant sales of social housing by a Housing Corporation to a foreign investor.

Commenting on the acquisition, Michael Bickford, Founder and CEO of Round Hill Capital, said:

“At Round Hill, we are proud of our nine year track record of being a responsible, committed and experienced manager of and investor in European residential property. In the Netherlands, we have an established local operational team to ensure that tenants benefit from our focus on long term ownership and management expertise in the residential market.

“Round Hill remains committed to our strategy of actively expanding our residential platform in the Netherlands and across Europe.” For more information about this transaction, please do not hesitate to contact Ing M.A. (Marijn) Snijders RT MRICS.