BPL Pensioen will invest an additional €90 million ($93 million) in the ASR Dutch Farmland Fund.
This amount is on top of the €210 million ($218 million) previously invested by the pension fund for the agricultural and green sector. BPL Pensioen is an investor in a.s.r. real estate’s farmland fund alongside DELA, the ING pension fund and a.s.r.
“Our investments in agricultural land help diversify our portfolio and deliver an attractive real return for our participants,” said Mark Rosenberg, chairman of BPL Pensioen’s investment committee.
The ASR Dutch Farmland Fund owns almost 39,000 hectares (96,400 acres) of Dutch agricultural land worth €2.1 billion ($2.2 billion). More than €550 million ($571 million) has been invested since the fund opened to new external institutional investors in 2022.
Dick van den Oever, fund director of ASR Dutch Farmland Fund, added, “The fund aims to grow further and to pass on agricultural land in even bette
