16 June 2022

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Bouwinvest Real Estate Investors has acquired 50 sustainable single-family dwellings in Veldhoven in the southern Netherlands on behalf of its Dutch Residential Fund. The mid-range rental homes will arise in Bosakker, a new district to the west of Veldhoven’s city centre, and are scheduled for completion in the third quarter of 2024.

The Bosakker project is part of a large area development in Veldhoven, comprising a total of 1,250 homes. Bouwinvest expects to see strong growth in the number of households in Veldhoven as the municipality is located close to Eindhoven which faces a severe housing shortage.

Michiel de Bruine, Director Dutch Residential Investments: “Bouwinvest's investments primarily target the affordable rental housing segment in the Holland Metropole Region, in the densely populated western part of the country and which also includes Eindhoven. We are also interested in the nearby municipalities surrounding the big cities which are becoming increasingly important to us in terms of provision of affordable housing.”

The Bosakker project comprises a total of 129 residential units, including 33 homes in the rent-controlled sector, 50 mid-range rental dwellings and 46 owner-ocupied houses. The homes will meet exceptionally high sustainability standards (Near Energy Neutral score ≤ 0). The development will also incorporate a significant amount of CO2-absorbing vegetation, a playground with water drainage capacity, flower patches and a vegetable garden.