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CLB Woningfonds
Key Statistics
Fund Size
€25M
Target Return
7.2%
Launch Year
2025
Min. Investment
€5,000
Availability
Open for public
Structure
FGR
Product Category
Closed-end
Domicile
Netherlands
GP Type
Single
Liquidity Level
Low (5+ years)
Carry
12% of gross sale profit (first EUR 100,000 of profit share waived)
Currencies
EUR
Investor Eligibility
Retail
Liquidity Options
No redemptions
Highlights
Key Information Document (KID) – EU Funds
KID Risk Indicator
6 out of 7
Annual Returns (KID Scenarios)
Stressed
-8.1%
Moderate
6.6%
Favorable
7.2%
Average Total Cost Level (KID)
6.27%
Allocations
Geographic Focus
Investment Strategy
Industry Focus
Information about fund
About CLB Woningfonds
CLB Woningfonds is a Dutch residential real estate fund launched in February 2025 by Credit Linked Beheer B.V. (CLB), an AFM-licensed AIFM based in Baarn. The fund is structured as a transparent fonds voor gemene rekening (FGR) and invests in newly built and young complexes of Dutch rental homes with an A energy label or better, including associated garages and parking. Fund assets are segregated from the manager through an independent depositary foundation.
Key Figures
Minimum investment
EUR 5,000
Quarterly distributions
Expected average dividend
7.3%
Manager projection, 11.5-year basis; not guaranteed
Emission size
EUR 25 million
Combined first and second emissions
Risk indicator
6 of 7
Summary risk indicator per the EID
Terms
| Minimum investment | EUR 5,000 |
| Legal structure | Fonds voor gemene rekening (FGR), Netherlands |
| Launch | February 2025 |
| Term | Until 31 December 2032, extendable by five years by participant resolution |
| Distributions | Quarterly |
| Expected return | 7.3% average dividend, 6.9% effective return (manager projections, 11.5-year basis); initial dividend 5.6% |
| Performance fee | 12% of gross sale profit; first EUR 100,000 of profit share waived |
| Financing | Mortgage financing capped at 60% of portfolio value |
| Liquidity | Closed-end; exit only via transfer to another investor with manager consent |
| Risk indicator (SRI) | 6 of 7 |
Strategy and Portfolio
The fund targets housing complexes with purchase prices between EUR 4 million and EUR 20 million, with expected monthly rents of EUR 900 to EUR 1,500 — free-sector housing positioned to remain affordable for tenants in essential professions such as teachers, nurses and police officers. Long-term shrinkage regions are excluded. As of 24 February 2026 the fund had acquired 17 apartments in Hengelo, 24 in Oss and 20 apartments plus one commercial unit in Maastricht, with a conditional agreement for 12 apartments in Slagharen.
- New-build Dutch rental homes, energy label A or better
- Target monthly rents of EUR 900 to EUR 1,500 (above the social rent threshold)
- Mortgage financing capped at a maximum of 60% of portfolio value
- Return driven by rental income (direct) and sale proceeds (indirect)
The fund is closed-end in nature: participations cannot be redeemed on demand, and an early exit is only possible if another investor takes over the participation and the manager consents to repurchase and reissue, against an administrative fee. Per the Essential Information Document, the product is aimed at retail investors with sufficient financial reserves to absorb disappointing returns or loss of the invested amount, a diversified portfolio and adequate knowledge and experience with (real estate) investments; the EID recommends holding the investment for the full projected fund term.
Deepdive & Related Funds
Comparable Funds
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Woned
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