Dutch corporation Ymere invests in Croatian housing

Dutch housing corporation Ymere is investing EUR 90 mln in the development of new housing in Osijek in Croatia. The project will be based on a financing structure that is widely used in the Netherlands for developing social housing, said Harry Platte, corporate strategy adviser at Ymere, in an interview with PropertyEU. 'The concept is based on a revolving fund: we finance the social housing from the profits made on commercial developments.'

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