Skip to website navigation Skip to article navigation Skip to content

Performance on strategy

A page refresh occures when a subject is selected.

Skip article navigation.

Portfolio characteristics

Performance on quality

Acquisitions totalled around € 162 million in 2022, below the Fund’s original target of € 225 million. The Fund acquired a total of 310 apartments and 50 houses, with 288 (80%) of these homes in the affordable segment.

Performance on affordability

The Fund believes the best way to maximise its positive societal impact is to invest in more affordable mid-rental segment homes and to keep the current housing stock affordable.

Performance on sustainability

Last year, the Fund developed the new ESG Framework, which explicitly defines all elements related to ESG for the Fund.

Financial performance

The Fund realised a total return of 0.6% in 2022, consisting of a 1.9% income return and -1.3% capital growth. Net rental income, administrative and finance expenses were the main drivers for the income return.