CBRE IM and NN team up for €500 million Dutch venture
8th April 2022
CBRE Investment Management has teamed up with Dutch pensions and financial services company NN Group to invest in sustainable and affordable housing in the Netherlands.
The Positive Impact Programmatic Venture (PIPV) has an initial equity commitment of €500 million. The venture will invest in Dutch sustainable and affordable residential real estate with the aim to improve energy efficiency and reduce carbon emissions.