Investment manager Syntrus Achmea Real Estate & Finance has received new mandates for the Achmea Dutch Health Care Property Fund (ADHCPF) from two Dutch pension funds. The mandates have a combined value of 41 million euro.
The Pension Fund for Veterinarians (Pensioenfonds voor Dierenartsen) is joining the healthcare real estate fund. The Pension Fund for Work and Rehabilitation (Pensioenfonds Werk en (re)Integratie) is expanding its existing mandate. With this, a total of thirteen institutional investors will participate in the fund, which has a portfolio of 421 million euro (including the pipeline).
‘Healthcare real estate is an excellent addition to our portfolio,’ says IJmert de Vries, chairman of the investment advisory committee for the Pension Fund for Veterinarians. ‘These investments have an attractive risk-return ratio and clear social value. These are important factors for our pension fund members.’
The ADHCPF invests in Dutch healthcare real estate. The fund pursues an active growth strategy and is open for new Dutch and non-Dutch investors. The fund’s portfolio consists of modern, sustainable, future proof properties in the segments of senior housing, residential care and primary care centres. The aim is to grow the portfolio to at least 800 million euro within a few years. Last year, the ADHCPF was voted the most sustainable healthcare real estate fund in the world according to the GRESB benchmark.