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 (ASR DPRF) with over € 1.6 billion in assets. The portfolio is the result of over 125 years of investments and consists of prime retail property with years of stable rental income and attractive value creation. The stores are located in leading retail locations in the Netherlands.
Strategy
The fund’s strategy is to aim at prime retail properties in three retail property sectors: high street retail, district shopping centres and supermarkets. With a focus on dominant shopping cities and retail areas in the Netherlands, using internally developed research tooling.
Investments in retail property in the Netherlands [PDF]
Disclaimer
Fund profile (as per 1 January 2019)
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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, district shopping centres and supermarkets) |
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Current fund size
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Approx. € 1.6 billion
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Total number of retail units
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>200
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Expected return (IRR)
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Total net IRR > 7%
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Expected average 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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