Achmea grants property funds mandates of €177m

Dutch insurer Achmea has granted its subsidiary Syntrus Achmea Real Estate & Finance (SAREF) three property mandates totalling €177m.

The Achmea Dutch Retail Property Fund (ADRPF) and the Achmea Dutch Healthcare Property Fund (ADHCPF) received new investments of €83m and €62m, respectively. Achmea’s Dutch Residential Fund (ADRF) received a €32m injection, in addition to a €165m mandate from Achmea last year.

Arthurs van der Wal, executive chairman of Syntrus Achmea, said: “These investments are proof that Achmea fully supports the course of our real estate funds.

“We can use these additional resources to accelerate the implementation of our strategy aimed at further growth and sustainability in promising regions.”

The residential property fund has a €1.1bn portfolio, with an additional €300m in the pipeline.

It focuses on mid-segment residential properties in the Randstad, cities in the province of Brabant and the Arnhem-Nijmegen areas.

The retail fund has an €806m portfolio, including pipeline, and targets prime locations in cities and community shopping centres in popular locations.

Achmea’s healthcare property fund has total assets of €421m, and aims to grow to at least €800m in the coming years.

Last year, ESG benchmark organisation GRESB declared it the world’s most sustainable healthcare real estate fund.

A spokesman said that SAREF was in “serious negotiations” with two European investors about participation in the healthcare fund.

 

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  • Achmea Dutch Residential Fund

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