Bouwinvest Residential Fund sells 48 homes in Haarlem

News 9 Jul 2024

The Bouwinvest Residential Fund has reached an agreement for the sale of 48 homes to tbm real estate investors. The homes, located in Haarlem and built in 1990, predominantly have an energy label of A or B. Capital Value and NewGround Law have assisted the Bouwinvest Residential Fund with the sale.

The homes, with an average area of 73 m², are located in the Zuiderpolder-Noord neighbourhood and are distributed across two residential buildings. Paul van Stiphout, Fund Manager Dutch Residential Investments, says about the transaction: “This sale is the next step in optimising our portfolio. It helps us to improve our performance and provide our investors with a stable return.”

Arjan van der Kooij, board member at tbm real estate investors, said: “The acquisition of these homes in Haarlem fits perfectly within our strategy to add high-quality and energy-efficient homes to our portfolio. We are delighted with this opportunity.”

Jens van Hasenbroek, Director of Transactions at Capital Value, said: “Due to the positive development of vacant possession values, we see the sentiment among private investors changing. Many private investors are looking for current residential complexes (e.g., unbroken, subdivided, favourable energy labels) where the rental risk is minimal and an attractive return can be achieved based on a sell-off strategy.”