22 Dec 2016
The Bouwinvest Residential Fund has signed a purchase agreement with developer Nijhuis Bouw B.V. for 46 family homes in the liberalised rental market in Zwolle, a town in the east of the Netherlands. The housing units are being built on ‘zero energy meter’ principles, making them self-sufficient for their energy supply.
The project is located in Stadshagen, the largest residential neighbourhood of Zwolle, with more than 21,000 inhabitants. Stadshagen is well known to Bouwinvest, as the residential fund already holds 480 housing units in the neighbourhood.
The acquisition is aligned with Bouwinvest’s sustainability investment strategy as so-called ‘nul-op-de-meter’ (zero on the energy meter) new builds are much more energy efficient than legally required. Average external energy consumption is zero because power supply is provided by on-site solar panels.
The new homes are about 120 sqm. in size, and priced in the mid-range of the liberalised rental sector. Completion of the project is expected by early 2018