What Holland Immo Group does

Holland Immo Group Beheer B.V. is a Dutch AIFM-licensed real estate investment fund manager headquartered in Eindhoven, Netherlands. Founded in 2001 by M. Kühl and T. Kühl, the company initiates, structures, and manages non-listed real estate investment funds targeting Dutch private investors (particuliere beleggers) and family offices. Each fund operates under an AIFM license issued by the Autoriteit Financiële Markten (AFM), with prospectuses pre-approved by the regulator. Since inception, the firm has initiated 58-61 real estate funds and accumulated approximately €932 million in assets under management across 29 active funds, with a cumulative €1.93 billion in total invested volume. The company is currently ranked among the top-3 providers of non-listed real estate investment funds in the Netherlands and serves approximately 5,000 private investors. Holland Immo Group has been a subsidiary of Primevest Capital Partners since 2021, when it was acquired in transactions valued at €390 million; the combined Primevest-HIG platform manages around €3 billion across 12 European countries under two investment labels.

The product portfolio spans five real estate verticals: rental housing (IMMO Huurwoningfonds), healthcare housing (Zorgwoningfondsen), student housing (Studentenhuisvestingsfondsen), parking garages (Parkeerfondsen), and retail (Winkelfondsen, currently inactive). Recent vintages include the IMMO Huurwoningfonds 6 (Arnhem, 201 units, €51.62M, 2026), Parking Fund Nederland XI (Den Haag + Eindhoven, 2026), and the IMMO Student Housing Fund I in Granada, Spain (357 studios, €40.87M, fully subscribed, 2025). Minimum participation is €10,000 per fund with 3% emission costs, and funds target 5.9-9.6% expected total returns paid quarterly over 7-10 year durations. Investor onboarding and document management are supported by the Mijn-IMMO portal, launched as iOS/Android apps in 2022.

Revenue is generated primarily through management and performance fees on assets under management, structured as managed-services income. The firm employs approximately 65 professionals across the combined platform and distributes directly to investors through its website, the Mijn-IMMO portal, email/SEO marketing, LinkedIn, and high-touch advisory consultations. Geographic footprint currently centres on the Netherlands and Germany, with Spain as the first cross-border expansion asset.

Name

Holland Immo Group

Legal name

Holland Immo Group Beheer B.V.

Website

https://hollandimmogroup.nl

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

Holland Immo Group is a Dutch AIFM-licensed real estate investment fund manager that initiates and manages non-listed property funds across rental, healthcare, student, and parking sectors for approximately 5,000 private investors and family offices, with a €10,000 minimum entry.

Ownership category

akta.pro rank

Product category

Real Estate Investment Management

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Real Assets Fund of Funds (Real Estate / Infrastructure / Natural Resources FoF) (FSAHAKAG)

Keywords

• Non-listed real estate funds
• Rental housing investment
• Parking garage investment
• Student housing funds
• Healthcare housing investment

Headquarters

HQ city

Eindhoven

HQ country

Netherlands

HQ region

Europe

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Fund Management Fees: Holland Immo Group generates revenue through management fees charged on the funds it initiates and manages. As an AIFM-licensed manager, it earns fees based on assets under management across its 29 active funds targeting private investors and family offices.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Holland Immo Group initiates and manages non-listed real estate investment funds for private investors and family offices across five categories: rental housing (IMMO Huurwoningfonds), healthcare housing (Zorgwoningfondsen), student housing (IMMO Student Housing Funds), parking garages (Parking Fund Nederland), and previously retail. The firm operates under an AIFM license supervised by the Dutch Authority for the Financial Markets (AFM), offers minimum participations from €10,000 with quarterly distributions, and serves participants through its Mijn-IMMO digital investor portal. The firm manages approximately €932 million in assets under management across 29 active funds in 12 European countries.

Product overview

Holland Immo Group is a real estate investment fund manager offering non-listed property funds for private investors and family offices. The portfolio consists of five main fund categories: IMMO Huurwoningfonds (rental housing), Zorgwoningfondsen (healthcare housing), Studentenhuisvestingsfondsen (student housing), Parkeerfondsen (parking garages), and Winkelfondsen (retail, inactive). The company operates under the IMMO label and manages approximately €932 million in assets under management across 29 active funds. Investments start from €10,000 with quarterly distributions, and all funds are regulated under AIFM license with AFM supervision.

Differentiator

Problem solved

Functional benefit

Brands

• IMMO fondsen: Beleggingsfondsen onder het IMMO-merk, waaronder IMMO Huurwoningfondsen, IMMO Zorgwoningfondsen en IMMO Student Housing Funds
• IMMO Updates
• Mijn-IMMO
• IMMO Family Funds
• Parking Fund Nederland

Products and services

• IMMO Huurwoningfonds 6 Rental housing investment fund investing in a redeveloped mid-rental residential complex in Arnhem with 201 residential units and 116 parking spaces. Targets Dutch private investors seeking stable income distributions from residential real estate. Minimum participation €10,000, 3% emission costs, quarterly distributions, 7-10 year fund duration.
• IMMO Huurwoningfonds (series) Series of rental housing investment funds investing in mid-rental segment residential properties in Dutch urban areas, targeting stable quarterly distributions for private investors.
• Parking Fund Nederland X Parking garage investment fund investing in two state-of-the-art parking garages in The Hague (Binck City Park and One Milky Way) with 515 parking spaces, fully leased to Q-Park as long-term anchor tenant on 20-25 year lease agreements.
• Parking Fund Nederland XI Parking garage investment fund in development for two locations in Den Haag and Eindhoven, expected delivery 2026. Targets private investors seeking exposure to long-tenor parking real estate leased to anchor operators.
• IMMO Student Housing Fund I Student housing investment fund investing in a recently completed student housing complex in Granada, Spain, with 357 fully furnished studios and 102 parking spaces. Targets private investors seeking exposure to structurally undersupplied student accommodation in European university cities.
• Studentenhuisvestingsfondsen (Student Housing Fund series) Series of student housing investment funds targeting the structural undersupply of student accommodation in European university cities. Current flagship is IMMO Student Housing Fund I in Granada, Spain.
• Zorgwoningfondsen (Healthcare Housing Funds) Healthcare housing investment funds combining financial returns with social impact through investments in care-related residential properties for elderly and special-needs housing.
• Winkelfondsen (Retail Funds) Retail real estate investment funds (no active funds currently; previously operated in Germany with 16 funds launched in 2008 valued at €360 million).
• IMMO Family Funds Family office-focused investment funds providing tailored real estate investment solutions for high-net-worth investors and family offices seeking diversified multi-vertical real estate allocation under a regulated AIFM structure.
• Mijn-IMMO Investor Portal Online investor portal (web and mobile apps for iOS and Android) providing participants digital subscription, access to fund documentation, quarterly distribution statements, and ongoing investment management services.

Quantifiable outcome

• Expected total return of 8.7% per annum for IMMO Huurwoningfonds 6
• +3 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and major.

• Q-ParkcoreStrategic or Co-development Partner · 1 November 2023Q-Park is the long-term tenant and operator of parking garages acquired by Holland Immo Group parking funds. Parking Fund Nederland X invests in two parking garages (Binck City Park and One Milky Way in The Hague) with 25-year and 20-year lease agreements respectively with Q-Park as the anchor tenant. Q-Park is described as the market leader in parking solutions.
• VORM OntwikkelingmajorStrategic or Co-development Partner · 1 January 2023VORM Ontwikkeling is the property developer from whom Holland Immo Group acquires parking garage assets. Parking Fund Nederland X acquires its two parking garages (Binck City Park and One Milky Way) from VORM Ontwikkeling, with agreement reached in mid-2023.
• CSC Depositary B.V.coreOthersCSC Depositary B.V. serves as the AIFM depositary (bewaarder) for Holland Immo Group's regulated funds, as required under Dutch AIFM regulations. CSC Depositary holds client assets separately and provides independent oversight of fund operations.
• Autoriteit Financiële Markten (AFM)coreOthersThe Dutch Authority for the Financial Markets (AFM) is the regulatory body that issued Holland Immo Group Beheer B.V. its AIFM license. The AFM oversees all fund prospectuses and approves them under the EU Prospectus Regulation before any fund launch. Kifid serves as the external complaints body for investor disputes.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Bouwinvest: Dutch real estate investment manager that originates and manages pooled real estate vehicles for institutional and qualifying investors, competing head-to-head with Holland Immo Group in the Dutch non-listed real estate fund space across residential and niche sectors.
• Vesteda: Dutch residential real estate investor and fund manager focusing on the mid-rental housing segment that is also the core of Holland Immo Group's Huurwoningfondsen series, making it a directly comparable operator and competitor for Dutch investor capital.
• Syntrus Achmea Real Estate & Finance: Real estate investment management arm of Achmea that manages pooled Dutch real estate funds for pension and retail investors, with overlapping investor base, sector coverage, and product structure to Holland Immo Group's fund offerings.
• Catella Real Estate: European real estate investment manager that structures and manages pooled real estate funds across multiple countries, directly comparable to Holland Immo Group in product structure and pan-European sector-vertical strategy.
• Greenman Investments: Ireland-based real estate fund manager focused on European grocery-anchored retail real estate funds for private investors, mirroring Holland Immo Group's model of pooled non-listed funds for retail capital with comparable ticket sizes and geographic footprint.

Broad incumbents

• ASR Real Estate: Real estate investment arm of ASR Nederland, an insurance group that invests in Dutch real estate across residential and commercial strategies, competing for the same pool of Dutch private and family-office capital as a broad incumbent.
• Primevest Capital Partners: Parent company and sister label that operates under the same corporate roof as Holland Immo Group, focused on institutional real asset strategies across Europe. Comparable in fund management capabilities but distinct in serving institutional rather than retail investors.
• Deka Immobilien: German real estate fund manager and part of DekaBank Group offering open and closed-end real estate funds, comparable to Holland Immo Group in product structure (pooled real estate vehicles) but operating on a much larger, broader European scale.
• Union Investment Real Estate: Major German real estate fund manager and a competitor in the non-listed European real estate fund category, with overlapping institutional and qualified-investor client base and comparable office, residential and logistics strategies.

Emerging players

• Round Hill Capital: European real estate investment manager with a focus on student housing and build-to-rent residential strategies that overlap with Holland Immo Group's IMMO Student Housing Fund I and Huurwoningfondsen series, though typically at institutional scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/holland-immo-group-bv

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Holland Immo Group