The Retail Fund at a glance
The Bouwinvest Dutch Institutional Retail Fund is an investment company with variable capital. We believe that convenience and experience are the key trends that will determine the future of retail real estate. This is why the Retail Fund has a clear focus on the main shopping streets in major shopping cities and shopping centres that focus on convenience shopping in smaller towns and cities.
Fund characteristics
No leverage
Core investment style
Target of 7.0% long-term average annual Fund return
Robust governance structure
Investment structure for an indefinite period of time
Reports in accordance with INREV standards
Fund management
Bouwinvest is the manager and Statutory Director of the Retail Fund. The Bouwinvest Board of Directors is responsible for Bouwinvest’s long-term strategy, as well as the day-to-day management of the organisation itself and its assets under management. Bouwinvest’s Dutch Investments business unit is responsible for all real estate investments in the Netherlands. This business unit has a dedicated asset management team specialised in the retail real estate sector, with experts in acquisition and divestment, property revitalisation and letting.
Our vision of the Dutch retail market
Investors' capital inflow remains strong
Returns retail real estate remains attractive
Retail landscape gaining positive momentum, but still facing challenges
Polarisation continues in stabilising market
Fund strategy
The Retail Fund aims to increase its assets under management to € 1.1 billion by 2020. This will be achieved through targeted acquisitions, redevelopments and a positive revaluation.
Growth of the Fund to € 1.1 billion at year-end 2020
Focus on retail assets classified as Experience and Convenience
Increase the share of Experience and Convenience to at least 80% of the portfolio value
Optimisation of the portfolio through redevelopments and active asset management
Based on an increasing focus on sustainability, this strategy has now been defined at both Fund and asset levels