Units

The total number of residential units was 27,290 at year-end 2019, a 2% decline compared with year-end 2018. In 2019, in total 817 homes were added to the investment portfolio (816 new-build homes and 1 transformation unit) and 1,336 units were sold. The net outflow was a result of two portfolio sales which exceeded the inflow from new-build homes from the pipeline in 2019.

Changes in investment portfolio (number of units)

The total committed pipeline at year-end 2019 was 1,223 units, compared with 1,433 units at year-end 2018. In 2019, in total 816 new-build homes were added to the investment portfolio and seven new-build projects were signed, adding 606 units to the committed pipeline.

Acquisition pipeline (number of units)