ABP and Greystar invest €420m in new rental homes

Stichting Pensioenfonds ABP, the pension fund for people working in government and education in the Netherlands, through its asset manager APG Asset Management N.V. (APG), has announced that it has partnered with global investment, development, and real estate management firm Greystar to launch a new development-led strategy known as the Dutch Essential Housing Venture, with a first tranche commitment of €420m.

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