Visit to Mogelijk annual meetings

23 June 2026

Mario

On 2 June, we attended the annual meetings of Mogelijk’s investment funds. During these sessions, attention was given to both the organisation’s development and the funds’ results over 2025.

Mogelijk is a Dutch asset manager focused on financing real estate loans. Through funds, investors provide loans to entrepreneurial real estate parties and receive periodic interest payments. The emphasis is on stable cash flows and predictable income.

Impression of the meetings

During the annual meetings, it became clear that Mogelijk is evolving into a mature and professional platform. Several aspects stood out:

  • Growth milestone
    Mogelijk has now issued more than €3 billion in loans, underlining its scale and growing trust in the platform.
  • Enhanced oversight and governance
    Since August, additional oversight has been introduced through an AIFMD depositary (CSC). Alongside AFM supervision, this provides structural external control over management activities, which we view as a significant strengthening of governance.
  • Improved transparency
    Investors now receive semi-annual reports. We also gain access to these, enabling us to review them actively and provide clarification to clients where required.
  • Active debtor management
    Payment arrears remain limited and are actively followed up. In exceptional situations, auctions may be used. Positively, investors are now kept more explicitly informed.
  • Lower minimum investment and better diversification
    New funds (such as Fund 20) have a minimum investment starting from €25,000, making it easier to diversify across multiple funds and entry points.

Knowledge section – How does return work at Mogelijk?

A key feature of Mogelijk funds is the way returns are distributed.

Fixed income

Investments through Mogelijk generate a periodic cash flow, comparable to a bond:

Example:
Investment: €100,000
Target return: 6%
Payout: approx. €500 per month
Term: 5 years

Result:
Total interest received: €30,000
Return of capital: €100,000

You therefore receive income during the term, without a compounding effect.

In comparison: traditional investing

With traditional investments (such as equity funds), returns are typically reinvested:

Example:
Investment: €100,000
Average return: 6% per year
Term: 5 years
Final value: €133,822

Here, additional returns arise from compounding.

What does this mean for the portfolio?

Feature Mogelijk fund Traditional fund
Cash flow Monthly income No direct payout
Compounding No Yes
Predictability Relatively high Lower
Objective Income-focused Wealth growth

Mogelijk funds are therefore particularly suited to investors seeking stable income and diversification alongside growth-oriented investments.

Our reflection

Many of our clients already invest in Mogelijk or are familiar with this type of investment. We see these funds as a valuable building block within a portfolio for:

  • stable cash flows
  • diversification outside listed markets
  • relatively predictable returns

At the same time, factors such as debtor risk and limited liquidity remain important considerations. A key strength, in our view, is the quality of Mogelijk’s processes—not only in selecting borrowers and their real estate, but also in managing financing and investment portfolios. In recent years, we have observed continuous improvement in this quality.