a.s.r. real estate

a.s.r. real estate launches ASR Dutch Science Park Fund

25-03-2019
a.s.r. real estate launches ASR Dutch Science Park Fund

On 1 March 2019, a.s.r. real estate launched the ASR Dutch Science Park Fund. The fund will invest in real estate on science parks in the Netherlands. Through the deployment of this strategy a.s.r. real estate will make an active contribution to the development of the Dutch knowledge sector. The ASR Dutch Science Park Fund is the fourth sector fund of the real estate manager and focuses on institutional investors. As with the retail, residential and office fund, ASR Nederland N.V. acts as anchor investor.

The ASR Dutch Science Park Fund (ASR DSPF) focuses on the most developed science parks of the Netherlands. These locations offer a stable and attractive investment climate thanks to strong local eco systems, with education by Dutch top universities, research programmes and commercial activities. ASR DSPF invests in real estate that supports these eco systems. This will mainly consists of office space, and production and research space, but also for example short stay apartments, retail and catering. ASR DSPF will enter into preferred partnerships with universities, acting as a long-term partner. In addition to the ASR Dutch Mobility Office Fund, the ASR Dutch Prime Retail Fund) and the ASR Dutch Core Residential Fund, this is the fourth sector fund introduced by a.s.r. real estate.

Partnership ASR Dutch Science Park Fund and Delft University of Technology
On 4 February 2019, ASR DSPF signed its first partnership agreement, with Delft University of Technology. In this partnership, Delft University of Technology will focus on its core tasks of education, research and valorisation and the associated real estate. ASR DSPF will focus on real estate for commercial parties on the Delft University of Technology Campus. 

Dick Gort, CEO a.s.r. real estate: “With the launch of the ASR Dutch Science Park Fund, a.s.r. real estate further expands it current portfolio of funds. Each of our funds has a clear and unique orientation, with a long term focus. This makes us an attractive partner for universities, which, like us, make choices with long-term effects. With this new fund, a.s.r. real estate provides investors with a suitable, sustainable product with impact on the Dutch knowledge sector.”

Luc Joosten, fund director ASR Dutch Science Park Fund: “We are very pleased with the launch of the ASR Dutch Science Park Fund. The fund offers an attractive risk profile, aimed at  long-term stable income return and attractive value development. ASR DSPF seeks to diversify its portfolio with properties on various science parks and with different tenant profiles. This results in a unique fund in the Netherlands.”