ActivumSG funds make sixth corporate acquisition with purchase of Dutch residential developer VanWonen

ActivumSG, which targets real estate investment opportunities across the capital structure, has acquired Dutch housing developer VanWonen on behalf of its latest fund.

The purchase is the sixth corporate acquisition to date by ActivumSG funds for strategies focused principally on the residential and elderly care sectors in select European markets.

ActivumSG Fund VI acquired the company from Quadrum Habitat Fund, which is managed by Quadrum Capital, on terms that both parties have agreed not to disclose.

The purchase is the largest investment to date by Fund VI, which has committed €120 million ($tk million), or 25 percent of its equity, in the first six months since its launch. VanWonen’s management retains a minority interest in the company, which is headquartered in the city of Zwolle, 50 miles east of Amsterdam and 25 miles from the border with Germany.

VanWonen was founded in 2017 from part of the residential development division of Royal BAM Grou