The enormous demand for care-related housing presents a challenge to care institutions, the real estate sector and local authorities. Local authorities in particular have a key role and it is important that more develop policy and set concrete targets. This has already happened in Rotterdam, where city officials and developers have drawn up a covenant to cover care-related housing.
We believe local authorities should place greater emphasis on facilitating development, such as by making sure former school buildings, nursing homes, swimming pools and local authority offices retain a public function. This will prevent properties from being snapped up by the highest bidder. Three-quarters of our investments are located on land allocated for projects to benefit society at large.