Active management
Our primary focus is the active management of our real estate portfolio with the objective
of increasing rental income and capital growth. Our asset management teams are focused
on increasing renewal rates for existing tenants while pursuing new tenants with the goal of increasing the occupancy rates of our properties, improving the terms of our leases and decreasing our vacancy costs. In addition, our asset management teams will continue to develop and strengthen our relationships with local estate agents to develop the in-depth knowledge we need to be successful in our markets.
Our asset management activities also include, when appropriate, the repositioning of a property to increase its efficiency and profitability. For example, we may convert a single-tenant property to a multi-tenant property in order to facilitate the quicker leasing of such property and maximise our income.
Acquisitions and disposals
We intend to opportunistically acquire commercial properties in The Netherlands, focusing primarily on those commercial properties for which we believe we can increase value over the medium or long term through active asset management. We intend to pursue acquisitions through participation in auctions for a property or portfolio of properties that fit within our strategy as well as utilise the local knowledge of our asset management teams and their broker network to identify attractive investment opportunities. In addition, we will engage in selected disposals of our properties when we believe that they no longer present opportunities for value creation and/or when market conditions allow for an attractive disposal which satisfies our investment return criteria.