a.s.r. real estate

CSR - ASR Dutch Prime Retail Fund

undefinedThe primary aim of the ASR Dutch Prime Retail Fund’s CSR policy is sound asset management. To this end, the fund aims to facilitate the interests of tenants and investors as best as possible by creating stores and retail areas that have long-term value from both a financial and a social perspective. Sustainable properties ensure continuity and stability for investors and a sustainable store places less of a burden on the environment.

Our CSR policy is based on four key pillars, the four Ps: Property, People, Partners and Planet. This means that, in our efforts to achieve a sustainable property portfolio, we seek to build long-term relationships with sustainable partners. We are also looking to make an active contribution ourselves to society and the environment. For details on how we go about doing this, we refer to the CSR Policy ASR DPRF 2018 - 2020Each P has a strategic objective. The CSR annual report describes the results of the strategic objectives.

GRESB Green Star


Every year, CSR performance is measured and made transparent in the GRESB, GRESB is an independent, scientifically-based benchmark which assesses sustainability policies and their execution of real estate funds and portfolios worldwide. In 2017, ASR Dutch Prime Retail Fund was awarded Green Star status with three stars. Our aim is to maintain this position and improve upon it. Hereby ASR DPRF scored above average within the peer group.

Over 80% of the portfolio will have a ‘Green Label’
All stores of the retail property fund are EPA-certified. A large proportion of the properties owned by ASR DPRF are in historic city centres and are old buildings. ASR DPRF is aiming to have a portfolio 80% of which is ‘green label’ (EPA-label C or better) by 2020. In order to achieve this, properties will be made more sustainable or transformed at logical points in the operational process. By the end of 2017 almost half of our portfolio obtained an EPA-label A.