ASR fund secures €58m from German investment platform

ASR fund secures €58m from German investment platform

ASR Real Estate‘s ASR Dutch Mobility Office Fund has secured €58 million investment from German investors.

Besides this investment, another €150 million has been raised since 2021.

The first commitments were agreed in December 2022 and January 2023, attracting €58 million in German capital to the Dutch office fund.

Pieter Vandeginste, fund director of the ASR Dutch Mobility Office Fund: ‘2021 and 2022 were successful years and we are very pleased to welcome the first German investors to our fund. We see an increasing focus on the office locations in which our fund invests. The offices are mainly located near intercity railway stations in the five major cities, making them attractive locations for both tenants and investors.’

Besides a.s.r., seven other institutional investors from the Netherlands and abroad participate in the fund. The fund boasts a diversified portfolio consisting of 12 properties and a number of forward commitments, with a total value of approximately € 770 million. The participants are institutional investors with a long-term investment horizon.