Altera Retail Fund

Key market drivers

Our portfolio responds to trends such as an ageing population and online shopping.

Our focus on the convenience segment is less sensitive to volatility in the business cycle and, hence, consumer confidence.

This segment is less sensitive to e-commerce.

Convenience property investments traditionally have a good risk-return ratio, and the Altera Retail Fund records a stable performance.

GRESB

Supermarkets

Energy label A

BREEAM Good or higher

Installed solar panels

AED coverage

Food and convenience
Comprises limited and easily manageable risks, mainly due to the need-driven nature of convenience centres.
Small convenience centres
Comprises a lower risk profile largely due to the high proportion of supermarkets, ensuring stable tenants with longer leases and higher retention rates.
Sufficient spending potential
Ensures a centre size that is in line with the spending potential within the catchment area.
As easy as possible
Ensures the centre has a good mix of supermarkets, a full range of fresh food shops, a minimum proportion of daily convenience stores, large, easily accessible parking spaces and the availability of services and facilities (pharmacies or GPs).
Carbon neutrality
Focuses on achieving a “Paris-proof” portfolio by 2040 and reducing embedded carbon emissions.
Climate resilience
Ensures the portfolio is resilient to physical climate risks, focusing on incorporating nature-based solutions and increasing biodiversity.
Social impact
Focuses on topics such as tenant engagement, diversity and inclusion and sustainable neighbourhood centres.