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VESTEDA AFFORDABLE HOUSING

Signature(s)

Amount
€ 150,000,000
Countries
Sector(s)
The Netherlands : € 150,000,000
Urban development : € 150,000,000
Signature date(s)
18/12/2020 : € 150,000,000
Link to source

Summary sheet

Release date
18 January 2021
Status
Reference
Signed | 18/12/2020
20190153
Project name
Promoter - financial intermediary
VESTEDA AFFORDABLE HOUSING
VESTEDA INVESTMENT MANAGEMENT BV
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 150 million
EUR 413 million
Location
Sector(s)
Description
Objectives

Financing of new highly energy efficient affordable rental housing and comprehensive retrofitting of existing houses by Vesteda undertaken in the Netherlands.

The operation will contribute to reducing the shortage in the supply of affordable housing in the country's main urban agglomerations and provide housing options for key workers and middle-income households, for instance. The retrofitting of Vesteda's housing units will improve the energy efficiency and reduce the CO2 emissions of Vesteda's portfolio.

Environmental aspects
Procurement

Compliance with the relevant EU Directives will be verified during appraisal: EU EIA Directive 2011/92/EU, EU SEA Directive 2001/42/EC, EU Habitats Directive 92/43/EEC and EU Birds Directive 2009/147/EC. Applicable energy efficiency requirements in line with the EU Directive on the Energy Performance of Buildings 2010/31/EU will also be further assessed during appraisal.

The Promoter has been assessed by the EIB as being a private company not subject to EU rules on public procurement or concessions.

Link to source

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Documents

Environmental and Social Data Sheet (ESDS) - VESTEDA AFFORDABLE HOUSING
Publication Date
23 Jan 2021
Document language
Main Topic
Lending
Document Number
125153685
Document Focus
Environmental Information
Project Number
20190153
Sector(s)
Regions
Countries
Publicly available
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