The Bouwinvest Dutch Institutional Retail Fund’s focus on prime locations and daily shopping needs puts it in an excellent position to provide stable returns in the years ahead.
Fund characteristics
Core investment style
No leverage
7% long-term average annual Fund return target
Robust governance structure
Investment structure for an indefinite period of time
Reporting in accordance with INREV standards
Fund management
Bouwinvest is the manager and Statutory Director of the Retail Fund. The Bouwinvest Board of Directors is responsible for Bouwinvest’s long-term strategy, as well as the day-to-day management of the organisation itself and its assets under management. Bouwinvest’s Dutch Investments business unit is responsible for all real estate investments in the Netherlands. This business unit has a dedicated asset management team specialised in the retail real estate sector, with experts in acquisition and divestment, property revitalisation and letting.
Our vision on the Dutch retail real estate market
Increasingly polarised retail market
Retail ‘winners’ and ‘losers’ emerging
Rapid increase online sales a challenge to traditional retail
Physical and digital shops converging
Main city centres in the Randstad outperforming other market segments
Urbanisation and ageing population key factors in retail landscape
Redevelopment is the future of retail
Need for clear focus – Experience and Convenience
Experience & Convenience
Today’s (and tomorrow’s) consumers have an enormous range of choice in terms of when, how and where they shop (online and offline), but they clearly value the experience or ‘fun factor’ of shopping in high-quality high street fashion and lifestyle stores. At the same time, they want the convenience of easily accessible shopping centres with a wide range of daily goods right on their doorstep.
We believe that this need for high street retail experience and local daily convenience will govern the retail market in the years ahead. This makes finding and acquiring the finest locations based on these criteria more important than ever.
Optimisation strategy
The Fund aims to optimise its portfolio through:
Targeted acquisitions taking into account current retail trends
Redevelopment of core assets and the disposal of non-core retail units
Specialised, well-positioned and future proof retail assets
Focus on two decisive elements in the future of retail: Experience and Convenience
Continuous improvement of the sustainability of the Fund’s retail assets