In this private markets outlook, we outline what the headwinds facing the property sector are, why we are focusing on quality in private credit and how the clean energy infrastructure conversation in Europe is being dominated by war in Ukraine.
Utrecht, the Netherlands, 1 august 2022 – On behalf of the ASR Dutch Mobility Office Fund, a.s.r. real estate has purchased the Rabobank office building at Fellenoord 17 in Eindhoven for approximately €115 million. These sustainable modern premises, with a BREEAM Excellent certificate and A++ energy label, are located directly opposite Eindhoven Centraal station.
Russian gas flows to Europe are at a record low level as capacity from Nord Stream 1 has failed to resume fully due to additional maintenance. Gas prices in Europe have jumped again, while EU nations rushed to agree on a coordinated reduction of approximately 15% of gas demand (with country differences) to ensure sufficient gas storage before winter.