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    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
    Download now

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