The Retail Fund at a glance
Fund characteristics
Closed-End Fund
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 market
Retail market for in particular experience based shopping sites continues to polarise
Consumers seeking greater convenience and enhanced customer experience
Rapid growth of online sales still remains a challenge to certain sectors of traditional retail
Major retailers taking multi-channel or omni-channel approach - physical and digital shops converging
Main city centres in the Randstad and key regional cities outperforming other market segments
Urbanisation and ageing population key factors in future retail landscape
Redevelopment, revitalisation and transformation the key to healthy retail market of the future
Growing need for clear focus – Experience and Convenience
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
Focus on customising local property and marketing management
New-build projects and redevelopments are opportunities to improve sustainability of Fund’s portfolio