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At home with Vesteda. This applies to our tenants, the investors who invest in our fund and the employees who work at our company. Our mission is to make sure our key stakeholders feel at home with Vesteda.
While we were still experiencing the after-effects of the COVID-19 pandemic, we were confronted with new developments. There was an unexpected sharp rise in inflation, mainly triggered by the rise in energy prices, caused by the war in Ukraine.
The total of residential units stood at 27,661 at year-end 2022, an increase of 0.3% compared with year-end 2021.
At year-end 2022, 91% of the investment portfolio was located in Vesteda’s primary regions, in line with 2021.
Acquisitions and property sales
Current macro-economic developments, rising inflation, high interest rates and increased real estate transfer tax, are driving significant yield expansion for residential investment product.