Syntrus Achmea Real Estate & Finance has obtained three new mandates for the Achmea Dutch Health Care Property Fund (ADHCPF). Two new investors in the fund plus an existing client are investing a total of €44 million.
The two new investors are a well-known charity institution and the pension fund of a multinational. They provided mandates for a total of €34 million. The existing client, a Dutch pension fund, invested €10 million.
‘These investments demonstrate a great deal of confidence in the strategy of the health care property fund’, says Casper Hesp, director of Investment Management at Syntrus Achmea. ‘The investment perspective for health care properties is very solid and meets the needs of a great many institutional investors in terms of financial as well as social returns.’
The importance of modern health care properties is only increasing, as is also made clear in the new Dutch government coalition agreement. ‘Within that context, the themes highlighted by the Cabinet also form the core of our investment policy’, explains fund manager Daan Tettero. ‘These themes include sustainable lifelong housing, types of housing where light as well as intensive forms of care can be provided, concepts that combat loneliness, and decentralised one-stop shop health care.’
The ADHCPF is the oldest and largest investment fund in the Netherlands that focuses specifically on the health care property sector. The portfolio consists of a total of 35 objects with a total value (including the pipeline) of almost €600 million. This year, in the GRESB sustainability benchmark, the fund was declared to be the ‘Overall Global Sector Leader’.