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 2020 - 2022Each P has a strategic objective. The CSR annual report describes the results of the strategic objectives.

Objective: over 80% of the portfolio will have a Green Label


All stores in ASR DPRF’s portfolio are energy label certified. A large proportion of these properties are located in historic city centres and qualify as listed buildings. ASR DPRF seeks to achieve a ‘Green Label’ (energy label C or better) for 80% of its portfolio by 2020. In order to achieve this, properties will be made more sustainable or converted at an appropriate point in the operating process. To date, 69.4% of the portfolio has achieved Green Label certification. To increase the share of Green Label properties still further, the Fund is focusing on renovating properties in a sustainable manner, converting the spaces above shops into apartments and incorporating energy label certification into the acquisition process.