a.s.r. reim
ASR Property Fund

ASR Property Fund

This fund is managed for a.s.r. insurance policyholders. It consists of direct real estate and a real estate shares portfolio....

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ASR Property Fund

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At a.s.r. real estate investment management, we gained experience in fund management through the ASR Property Fund, an closed-end investment company that we developed and currently manage for a.s.r.’s unit-linked policyholders. 

Set up in March 2006, the fund seeks to invest in direct real estate and real estate securities, achieving adequate risk diversification alongside attractive returns.

The combination of Dutch direct real estate and European listed real estate securities, is one of the reasons the fund generated attractive returns at acceptable risks for its investors over the past years. The ASR Property Fund’s current investment mix gives a.s.r. unit-linked policyholders access to the investment strategy of a number of relatively large reputable institutional investors. On 31 December 2016, the fund had a fundsize of approximately € 0.5 bn. > read more

The ASR Property Fund is registered with the Netherlands Authority for the Financial Markets (AFM) as an alternative investment institution under the AIFM Directive. The manager of the ASR Property Fund, i.e. a.s.r. real estate investment management, holds an AIFM authorisation to act as manager of investment institutions.

Disclaimer

Fund Profile (as per 30 June 2017)

Fund name

ASR Property Fund N.V. (a limited liability company qualifying as an investment company with variable capital incorporated under the laws of the Netherlands)

Asset classes

Dutch direct real estate and (listed) real estate securities

Investment policy

Profitable investments of assets in property and listed real estate securities at acceptable risks while aiming to keep the fund’s net asset value as stable as possible and having sufficient regard to the interests of investors.

Fund size 

€ 0.5 bn

Average fund performance before fund charges since foundation

4.14%

Investment style

Core

Duration

Indefinite

Governance

The fund has at least two executive directors and is advised by the Advisory Board

Certificate holders

ASR Levensverzekering N.V. and Stichting ASR Bewaarder

AIF Manager

a.s.r. vastgoed vermogensbeheer B.V.

AIF Depositary

BNP Paribas Securities Services SCA

Custodian of listed property equities

BNP Paribas Securities Services SCA

About a.s.r. real estate investment management

a.s.r. real estate investment management (a.s.r. reim) has been investing in and managing real estate portfolios on behalf of institutional investors for more than 125 years.

a.s.r. real estate funds

a.s.r. reim currently has four real estate funds, with more funds being structured around the current portfolio in the future.