Round Hill Capital has bought a 3,786-unit residential property portfolio from Dutch housing association Wooninvesteringsfonds for approximately €365m (£290m).
It is Round Hill Capital’s second acquisition in the Dutch residential property market, following the firm’s June 2014 acquisition of a residential portfolio of 1,534 units from funds managed by CBRE Global Investors for €180m.
The agreement is subject to regulatory approval by the Ministry of the Interior and Kingdom Relations. The external regulators must also give their consent.
The sale was completed with support from Capital Value.
