The office portfolio at a glance
Portfolio characteristics
- 30 Dutch office properties (€ 560 million, 285,062 m²)
- Core region policy with a focus on prime locations in the four biggest cities
- Focus on multi-tenant assets
- Continuously high occupancy rate
- High percentage of green energy labels (A, B or C label)
- GRESB Green Star
Core region policy
The Fund’s 13 core regions are defined by criteria that are closely correlated to the trends towards urbanisation and a knowledge-based economy. Amsterdam, Rotterdam, The Hague and Utrecht are considered prime office regions. All others are considered secondary.
The target is for at least 80% of the total portfolio value to be in investment properties in these core regions. This currently stands at 93%.
The Office Fund's core regions based on book value
Major segment
Multi-tenant assets
A diverse office population enhances a building’s image as a natural, inspiring meeting place. To reinforce the dynamic character of such work and meeting spaces, it is important to offer additional facilities in or in the immediate vicinity of the building. These can include catering establishments, child care facilities and varied networking spaces.
Users vary by sector, culture and nationality, but also in their requirements for office space. To be able to accommodate the workforce of a large corporate head office, as well as smaller satellite offices, flexibility in lay-out is a prerequisite. Active asset management also enables the Fund to respond quickly to the changing needs of its varied tenant base.
Portfolio composition by single vs multi-tenant based on book value