Syntrus Achmea Real Estate & Finance will be expanding the portfolio of the Achmea Dutch Health Care Property Fund (ADHCPF) by adding a location for private residential care in Amsterdam and a health centre in Gilze en Rijen in North Brabant province. The acquisitions are in line with the healthcare real estate fund’s active growth strategy.
The development in Amsterdam’s De Pijp district is a 1,871-square-metre property, which was recently repurposed into 36 residential units, where care provider Kloek delivers care to people with dementia. The ground floor is home to a nursery and after-school activities organised by Wereldkids. The building has been let for a longer period of time.
The 2,331-square-metre health centre in Gilze en Rijen was repurposed several years ago into a modern centre offering 15 different types of care, including two GP surgeries, a pharmacy, a physiotherapy practice, a podiatrist’s practice and an obstetric practice. The building has been almost fully let at this stage.
ADHCPF Fund Manager Marco Mosselman: ‘These purchases are in line with the healthcare real estate fund’s growth strategy. We are looking to invest more in private residential care facilities and in primary and “primary care plus” residential care centres. In making this acquisition in Amsterdam, we ensure that the fund remains concentrated in the four major Dutch cities, a strategy which meets the demand of the institutional investors who make up our client base.’
Syntrus Achmea RE&F’s healthcare real estate fund manages lifetime homes, private residential care facilities, intramural healthcare complexes, and primary and ‘primary-plus’ care centres. Including these two new acquisitions, the portfolio comprises 21 properties with a total value of more than EUR 350 million. The objective is to increase the portfolio to EUR 500 million over the next several years. The portfolio focuses on the Randstad conurbation, the Brabant conglomeration, the Arnhem/Nijmegen metropolitan area, and regional hubs such as Groningen, Zwolle and Maastricht.