Portfolio - dynamics

In 2024, the ARC Fund standing portfolio increased to 11,171 homes with a value of €4.1 billion, compared to 11,155 homes with a value of €3.8 billion in 2023. In 2024, we invested €162.7 million in the pipeline. Five properties for a total of 772 homes were delivered, 56 individual homes were sold and 14 block sales were realised, resulting in a net addition of 16 homes.

The map shows the new properties added to the investment portfolio.

Figure 22: Properties added to the investment portfolio

Investment pipeline

Divestments

In order to revitalise the portfolio, the ARC Fund regularly divests properties that no longer meet investment requirements. Divestments take the form of part sales (sales of individual homes to private individuals) or block sales (the sale of entire properties to professional investors). We sold 56 individual homes with a net gain of 43% compared to book value, and we executed 14 block sales for a total of 700 homes with a net gain of 2% compared to book value. The total net result on sales is part of the operational result.

Figure 23: Pipeline properties