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’.
FIVE-STAR GRESB RATING
The ARC Fund's GRESB score increased from 87 points in 2021 to 90 points in 2022 and the fund maintained its five-star rating.
CO2 EMISSIONS
In 2022, we reduced our carbon emissions by 25% to 18.4kg CO2 /m2 /year
(2021: 26.4kg CO2 /m2 /year).
Dividend Yield
2.7%
2021: 2.9%
ROADMAP TO PARIS-PROOF
We apply the CRREM framework to determine the required reduction in the average EUI of the ARC Fund and set annual targets to achieve a Paris-proof portfolio.
MAJOR PROJECTS DELIVERED
The ARC Fund delivered several major projects in 2022. In Amsterdam, the Twins project and 360 Degree project along the northern banks of the IJ waterway added 128 and 122 homes to the portfolio. The delivery of the Steyn project in Utrecht, located near the central station, added an additional 120 homes.
Amvest interviews
INTERVIEW WITH THE MANAGEMENT TEAM
The real estate investment market experienced significant headwinds in 2022, especially in the second half of the year. The Amvest Residential Core Fund showed resilience despite these challenging circumstances. The development of a clear Amvest strategy towards 2035 serves as our dot on the horizon. This long-term strategy, combined with the new evergreen structure of the Fund and our updated Right of First Refusal Agreement, enable us to continue delivering on our commitments to our stakeholders.
Leah (21) and her sister Ruby (23) recently moved into their first rental apartment in De Smaragd in Almere. The siblings, who were still living at home, had been looking for an apartment in Amsterdam or Almere. "Living in Amsterdam is so expensive nowadays. We had actually stopped searching for a while, but then this opportunity in De Smaragd came up. It was ours if we agreed to pick up the keys the week after. This chance was too good to let slide."
JAVIER, SOFIA & ELISA, RESIDENTS OF HOLLAND PARK IN DIEMEN
Javier Lim has been living in Holland Park in Diemen with his daughters Sofia and Elisa since December 2021. After divorcing his wife, Javier did not want to put his daughters through another major change. He found a home in Diemen-Zuid, near school and the mother of his children. It was an ideal location for him, so the choice was made quickly.
MARJON VERHOEVEN, OWNER OF FLOW YOGA & FOOD IN VOLT
On the ground floor of the VOLT apartment complex in Delft, hospitality entrepreneur Marjon Verhoeven rents two commercial spaces for Flow Yoga & Food. Taking a yoga class in one unit and afterwards – on the other side of the building – enjoying a smoothie on a comfortable couch or eating a salad in the sun outdoors. At Flow Yoga & Food, everything comes together. Marjon Verhoeven ran a successful restaurant in Delft's city centre for 17 years. Recently, she opened a yoga studio and food bar in VOLT with her partner Bart Stotijn.
