Bouwinvest constantly follows the most significant trends in its relevant markets. The real estate sector is affected by a number of trends, such as global population growth, ongoing urbanisation and the growing importance of sustainability. On the capital markets front, we have institutional investors still looking for healthy returns, which has led to a build-up of capital just waiting to be invested in real estate. In addition, we are expecting to see reforms in the Dutch pension system and further consolidation in the sector.
Bouwinvest sees a lot of good opportunities for ‘sustainable growth’, both in the Dutch and in foreign real estate markets. Our Dutch sector funds will continue on their growth path thanks to capital inflows from third-party investors or our anchor investor bpfBOUW.
In addition, our international investments on behalf of bpfBOUW will increase by an additional € 1.5 billion in the period to 2020. In 2020, we expect our investments in Europe, North America and the Asia-Pacific region to account for 40% of our total portfolio.
We expect to record an annual return of 6% to 7% for our entire portfolio in the long term. We also expect the management company to record further profit growth thanks to the continued growth of our assets under management and additional synergy benefits.
We expect to see our total assets under management to increase to over € 13 billion in 2020, from € 9.4 billion at year-end 2017. This growth will be driven by our well-filled pipeline of new-build projects that currently stands at € 1.4 billion and new investments of around € 800 million a year.
Amsterdam, 19 March 2018
Bouwinvest Real Estate Investment Management
Dick van Hal, Chairman of the Board of Directors
Arno van Geet, Managing Director Finance & Risk
Allard van Spaandonk, Managing Director Dutch Investments
Stephen Tross, Managing Director International Investments