PFZW to acquire a 50% stake in Amvest from a.s.r.

PFZW, a company that operates the financial services industry, agreed to acquire a 50% stake in Amvest, a real estate investment firm, from a.s.r., an insurance and financial services company. Financial terms are not disclosed. "For over 25 years, Amvest has played a key role in PFZW’s Dutch real estate investments through our holdings in the Amvest Residential Core Fund and the Amvest Living & Care Fund. By expanding our stake in Amvest Vastgoed B.V., PFZW secures long-term investments in new sustainable rental and care homes. Our investments with Amvest deliver solid long-term returns for PFZW participants and contribute to sustainable solutions for the Dutch housing market," Jan Willem van Oostveen, PFZW Director of Investments.