Syntrus Achmea Real Estate & Finance is to expand its services with the Achmea Mortgages Investment Platform. Institutional investors can use this platform to invest in their own portfolio of Dutch residential mortgages with a risk profile that suits their risk-return profile. These mortgages will be brought onto the market under the Centraal Beheer brand.
Fifty institutional investors already invest in residential mortgages at Syntrus Achmea through the Residential Mortgages Fund. The new separate account is an addition to this existing offering. ‘In addition to our fund solution, we’re seeing an increase in demand from our investors for their own mortgage portfolio that is tailored to their investment objectives,’ says Bruno Oudega, CIO Mortgages at Syntrus Achmea. ‘The separate account makes this type of customisation possible.’
The introduction of the Achmea Mortgages Investment Platform follows a joining of forces within Achmea, with most of the mortgage activities being transferred to Syntrus Achmea as of 1 October 2020. In addition to Centraal Beheer, the new mortgage company also works for the Attens, Woonfonds, Tellius and Syntrus Achmea Mortgages brands. Achmea Bank and Achmea Pensioen & Leven will be the first investors to join the new platform.
Bruno Oudega: ‘By joining forces and creating this new product, we have established a robust company that is ready for further growth. Our existing customers will also benefit from the bundling of expertise and the greater choice of investment opportunities in Dutch residential mortgages that we are now able to offer. As a result, Syntrus Achmea will be even more attractive to institutional investors.’
At the end of June 2020, the combined mortgage portfolio of all Achmea labels amounted to a value of approximately € 28 billion. With the joining of forces and the introduction of the separate account option, Achmea intends to increase its market share in the coming years.