Total property value of € 957 million in Dutch retail properties (59 assets, 240,496 m2 NLA) at year-end 2019

In 2019, the Fund acquired two high street retail assets and sold a total of seven assets. Furthermore, the Fund invested in the optimisation of the quality of its assets.

At year-end 2019, the Fund’s portfolio consisted of a total of 59 assets. Of these, 28 assets are classified as Experience and 21 assets are classified as Convenience.

In 2019, the Fund managed to increase the average occupancy of the portfolio to 96.5% (95.2% in 2018).

The Fund realised a total return of 4.3% in 2019 (plan: 6.9%; 2018: 5.6%) consisting of 4.2% income return (plan: 4.5%; 2018: 3.5%) and 0.1% in capital growth (plan: 2.4%; 2018: 2.0%).

At Bouwinvest, we believe that we cannot ensure long-term successful investments without taking the needs of society into account, as the two are inextricably linked.

Our sustainable real estate strategy is built on two pillars: certified sustainable assets and the reduction of environmental impact.

The Retail Fund is constantly looking for ways to work with retailers and other tenants, as well as other stakeholders in the local community, to improve the sustainability of our assets.

The Fund uses an online monitoring tool for the effective management and maintenance of properties.