Utrecht, 2 January 2020

Pensioenfonds Werk en (re)Integratie has joined the ASR Dutch Mobility Office Fund

As of 2 January 2020, Pensioenfonds Werk en (re)Integratie (PWRI) has joined the ASR Dutch Mobility Office Fund as a participant. The investment amounts to € 45 million. This brings the total externally issued capital of the office fund of a.s.r. real estate to approximately € 250 million.

With the entry of PWRI, the ASR Dutch Mobility Office Fund strengthens its investor base. PWRI is the office fund's second Dutch pension fund, besides two Asian banks, an Italian insurer and a.s.r.

Kees Bethlehem, chairman of the board PWRI: 'During the selection of managers for rebuilding and expanding our office portfolio we have made a careful consideration between risk, return, costs and sustainability. We have come to the conclusion that the office portfolio of a.s.r. has a great fit with our objectives, especially in terms of sustainability, and we look forward to a successful cooperation.'

Pieter Vandeginste, fund director of ASR Dutch Mobility Office Fund: 'PWRI is a renowned pension fund that, like a.s.r. real estate, wants to make a sustainable contribution to society. We are pleased that PWRI has expressed its confidence in the ASR Dutch Mobility Office Fund and in our strategy to invest in offices close to major mobility hubs. The closing with PWRI will contribute greatly to the growth objective of the Fund.'

Selection trajectory

The Dutch team of BMO Global Asset Management has assisted the selection trajectory and acts as the fiduciary manager of PWRI. Lestrade Investment Liaison has conducted the Operational Due Diligence.

ASR Dutch Mobility Office Fund

The ASR Dutch Mobility Office Fund focuses on top-quality offices in the immediate environment of mobility hubs in the five major office markets (G5) of the Netherlands, such as, for example, major railway and underground stations and Schiphol. These locations combine excellent access and a dynamic environment. Mobility hubs boast an excellent mix of public transport functions and local functions and a wide variety of facilities.

Media relations

Investor relations

Jordi van Baardewijk

T: +31 (0)6 51 26 63 59

T: +31 (0)30 - 257 8600

E: jordi.van.baardewijk@asr.nl

E: ir@asr.nl

www.asrnederland.nl

www.asrnl.com

About a.s.r.

ASR Nederland N.V. (a.s.r.) ranks among the top 3 insurers in the Netherlands. a.s.r. offers products and services in the fields of insurance, pensions and banking to consumers and SMEs. In addition, a.s.r. is active as an asset manager for third parties. a.s.r. is listed on Euronext Amsterdam is included in the AEX Index. For more information, please visit www.asrnederland.nl.

About a.s.r. real estate

On behalf of its clients, as real estate asset manager a.s.r. real estate has managed and invested in residential, retail and office real estate and agricultural land for over 125 years. For professional investors it manages four Dutch real estate funds and individual asset management mandates for (inter)national real estate. a.s.r. real estate looks for long-term value development of real estate and is part of a.s.r., one of the largest insurers in the Netherlands.

About Pensioenfonds Werk en (re)Integratie

Pensioenfonds Werk and (re)Integratie (PWRI) is the pension fund for sheltered employment and is responsible for the pension accrual of more than 200,000 participants.

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ASR Nederland NV published this content on 02 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 January 2020 10:06:05 UTC