The Bouwfonds European Residential Fund is a real estate fund under German law. It is aimed primarily at institutional investors and affluent private clients with a minimum initial investment of EUR 500,000.
By the end of 2013, the fund management aims to have acquired residential property with a volume of EUR 750 million. Working with Catella Real Estate AG as the investment management company, Bouwfonds REIM is responsible for the fund’s performance and handles asset management through its local offices. The target rate of return is five to six percent per annum, according to the BVI (Bundesverband Investment and Asset Management) method.
The fund now has properties in Germany, Denmark, France, the Netherlands, Norway and Sweden.