Reduction of CO₂ emissions and energy savings for Altera Retail Fund in 2024

Altera publishes its 2023 Annual Report on its website. The Annual Report was adopted at the General Meeting of Shareholders on 17 April 2024. Staying on top of major trends such as rising interest rates, inflation, scarcity and high energy costs, and incorporating them into an effective strategy for our stakeholders was last year’s greatest challenge. We are sticking to our strategy of adding high quality, sustainable and affordable housing to the portfolio, while improving the sustainability of our existing residential units and investing in individual supermarkets and convenience centres.
At the end of 2023, Altera had real estate investments worth €3.0 billion under its management: €2.3 billion in residential and €0.7 billion in retail. In total Altera paid its shareholders €90 million in dividends for 2023: €56.6 million for the Residential Fund and €33.3 million for the Retail Fund.
This achievement means that the residential fund is Global Sector Leader for the fourth year running. Meanwhile the retail fund has stepped up to gain Global Sector Leader status for the first time this year. For the second year running, Altera’s retail fund is the Netherlands’ most sustainable retail fund in its category and, as of this year, it also takes the top spot in Europe.
The portfolio has grown to almost 6,176 homes in operation. A total of 464 new construction homes (in |
Retail portfolio
The portfolio has grown to almost 90% convenience retail. On the one hand, we owe this to the acquisition of supermarket
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