Syntrus Achmea Real Estate & Finance once again exceeded the MSCI benchmark last year with its return on residential properties. The average return on the managed residential portfolios was 14.8 percent, 1.2 percent higher than the MSCI residential property index (13.6 percent). The largest part of Syntrus Achmea’s assets under management in real estate is invested in residential properties.
In the healthcare real estate sector, for which there is no specific MSCI benchmark yet, the return was 13.1 percent, once again comfortably above the absolute return benchmark (7.0 percent). For offices, higher valuations in particular led to a return of 14.5 percent. For retail properties, the income return was slightly better than the benchmark thanks in part to a high occupancy rate, but write- downs resulted in a total yield of -2.7 percent.
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