Bouwinvest expands its portfolio with healthcare, residential and retail projects

Bouwinvest added three new developments to three of its Dutch funds in December 2020. The Healthcare Fund acquired 61 assisted living apartments in the Parledam complex in Katwijk aan Zee; Bouwinvest’s Residential Fund bought 212 apartments in the Binck Blocks tower in The Hague from the developer VORM; while the Retail Fund purchased the Schuytgraaf district shopping centre in Arnhem.

The Parledam residential block is located in the centre of the seaside resort of Katwijk aan Zee and comprises 61 assisted living apartments for the mid-range rental segment. Built in 2016, the complex offers a common room called 'De Reedery' where residents of the apartments, their families and elderly people living nearby can meet. The DSV foundation will remain the owner of the adjacent Parlevliet complex where its care services are concentrated. All of the apartments have the highest possible energy label and further sustainability initiatives are planned for the coming years

Focus on affordable rents facilitates a socially diverse city
Bouwinvest invests in affordable mid-range rental housing as part of its goal to help create socially diverse neighbourhoods while generating a stable return for its shareholders. Like the Parledam project, Binck Blocks is also a perfect fit with this strategy.

Binck Blocks is a 130-metre-high residential tower in the former Binckhorst business park, part of a large-scale area development which is being transformed into a mixed-use urban district in the coming years.  The tower comprises a total of 292 units, 121 of which are destined for the mid-range rental segment. The apartments will be virtually energy neutral thanks to an area-specific smart grid (BinckNet) that energy provider Eneco is rolling out and operating in the Binckhorst district and which will reduce CO2 emissions and improve the overall sustainability of the area. The Binck Blocks tower is being constructed according to higher-than-average sustainability standards through the use of recycled concrete, in line with circular production methods.

Extended convenience centre added to retail portfolio
The Schuytgraaf shopping centre near Arnhem comprises 21 shops with a wide range of formats including supermarkets Albert Heijn and Lidl, a Hema department store, an Etos pharmacy and a Zeeman textiles store. The shopping centre has good accessibility, ample parking space and is within walking distance of Schuytgraaf’s train station. Almost all the retail units have the highest possible energy label and are connected to the district heating system while two of the three rooftops are clad with sedum. The expansion of the shopping centre is scheduled to be completed by early 2022. The Retail Fund is proud to have been able to add the Schuytgraaf shopping centre to its convenience portfolio in the current challenging market.