An unnamed Dutch pension fund has made a 鈧�170m commitment to Altera Vastgoed鈥檚 housing fund.
The Altera housing fund, which mainly targets apartments in the Netherlands鈥� most robust metropolitan area, currently holds a portfolio of 5,762 homes.
Jaap van der Bijl, CEO of Altera said there is still a persistent shortage of good quality, affordable and sustainable rental housing for all target groups in the Netherlands.
鈥淲orking with our institutional shareholders, we can help to make future-proof housing a reality. The funds made available by our new shareholder will enable us to create affordable housing in the urban environment.鈥�
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