ASR Dutch Prime Retail Fund
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a.s.r. real estate offers institutional investors a unique opportunity to invest in the ASR Dutch Prime Retail Fund (DPRF) with over € 1.5 billion in assets. The portfolio is the result of over 125 years of investment and consists of prime retail property with years of stable rental income and attractive value creation. The shops are located in leading retail locations in the Netherlands.
Strategy
The fund’s strategy is to aim at prime retail properties in three key retail property sectors. With a focus on dominant shopping cities and areas in Netherlands using internally developed research models.
Investments in retail property in the Netherlands [PDF]
Disclaimer
Fund profile (as per 31 December 2017)
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Fund name
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ASR Dutch Prime Retail Fund
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Sector
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Retail (High street, shopping centres and supermarkets) |
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Current fund size
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€ 1.5 billion
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Total number of objects
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207
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Expected return (IRR)
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Total net IRR 7% - 9%
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Dividend yield
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>5%
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Risk Profile/investment style
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Core
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Duration
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Unlimited life, closed-end fund
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Leverage
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9% (with a maximum of 30%) |
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Fiscal structure
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Mutual Fund
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Governance
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Meeting of Investors, Investment Committee
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Shareholders
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Institutional investors, minimum 20% co-investment a.s.r.
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