The Dutch fund PFZW, for those working in the healthcare and welfare sectors, is investing in new homes in an urban district in Rotterdam.

The investment will see 1,000 new homes built in a new urban district, known as De Kaai, on the former Unilever factory site. PFZW said it invests in the Netherlands to contribute domestically but this investment also helps the housing shortage in the country.

“When choosing our investments, we consider the long term. In this way, rental properties provide a long-term and stable return, which is exactly what is needed to be able to pay out pensions over the long term,” PFZW stated.

Around three-quarters of the new homes will be rental properties; of these approximately 100 are earmarked for social housing, 360 will target the mid-rental sector and 240 will be in the private sector.

In addition, the new neighbourhood will have a focus on the elderly with properties built for care homes and assisted living. There will also be office space to work and room for catering businesses. Construction of the first homes will start in 2025 and completion is planned for early 2030.

The project is being developed by developer and investor Amvest (50 per cent owned by PFZW) together with developer and builder VORM. PFZW now has 6,000 rental properties in its portfolio through Amvest.

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