Amvest interviews

The Amvest Residential Core Fund invests in medium priced rental homes in the Netherlands. The portfolio focuses on the four large cities as well as other towns and cities in the ‘Central Circle’.

About the Amvest Residential Core Fund

The Amvest Residential Core Fund invests in Dutch residential real estate, with a focus on quality, affordability, and sustainability, to generate healthy, long-term returns for our investors.

Key highlights 2023

Key figures 2023

As % of INREV NAV as at 1 January

Patient, but never passive

The projected economic slowdown came to pass in 2023, impacting the Dutch residential real estate market. The trend of negative revaluations, which initially emerged in 2022, persisted throughout the year.

The Dutch economy

Since the end of the Covid-19 pandemic in late 2021 and the start of the war in Ukraine in early 2022, the inflation rate has increased significantly, exceeding 10.0% in the second half of 2022.

The Dutch residential market

The current housing shortage is approximately 390,000 homes (Primos, 2023), which is 4.8% of the total housing stock.

Portfolio strategy

The ARC Fund invests in the Dutch residential rental sector and has a long-term horizon. We are committed to making future-proof choices to realise attractive, stable dividend yields and long-term value growth for our Investors.

Portfolio policy

The ARC Fund invests in the Dutch residential sector with a strong focus on affordable/attainable, high-quality and sustainable residential properties located in areas with the best economic and demographic potential.

Portfolio developments in 2023

We delivered 264 homes to the standing portfolio, sold 44 individual homes and 75 homes as part of a block sale. Between 2022 and 2023, the ARC Fund standing portfolio increased from 11,010 to 11,155 homes, a net addition of 145 homes.