The ASR Dutch Mobility Office Fund, managed by a.s.r. real estate, has collected capital from German investors for the first time, according to reports.
The fund secured €58 million ($63 million) investment from a German investment platform.
In 2022, the fund entered the German market by adapting its fund contract to German laws and regulations for investments in unlisted funds, allowing German institutional investors to participate in the fund.
ASR Dutch Mobility Office Fund invests in sustainable offices in easily accessible locations in the Netherlands, near larger intercity railway stations. The office portfolio consists of single-tenant and multitenant buildings with a green energy label, according to a.s.r.’s website. Most of the properties in the portfolio are located in the five largest cities of the Netherlands: Amsterdam, Rotterdam, The Hague, Utrecht and Eindhoven.
The fund has a high-quality pipeline and is open to institutional investors.