Coöperatie DELA has invested €100m into a healthcare property fund managed by Syntrus Achmea Real Estate & Finance.
The funeral services insurer’s commitment to Achmea Dutch Health Care Property Fund (ADHCPF) will be used for new investments in assisted-living complexes.
ADHCPF, which currently manages a portfolio worth over €700m, is the largest fund in the Netherlands focused on healthcare real estate for institutional investors.
Frank Eizinga, DELA’s CIO, said: “An investment in Dutch healthcare real estate is a good fit for DELA. As a cooperative, we are at the heart of society and the pursuit of both financial and social returns is perfectly in line with this.
”We are committed to a carefree life for our members, with solidarity as our guiding principle. That’s why we have chosen to invest particularly in the Netherlands in this part of the real estate portfolio, investing in the backyard of most of our members with social value in mind.”
Daan Tettero, fund manager at Syntrus Achmea Real Estate & Finance, said: “We are very pleased to have DELA as a new participant in the fund. We see it as a vote of confidence in this investment category and in our strategy.
“In addition, this healthcare real estate fund fits perfectly into DELA’s socially responsible investment policy. This means we have a like-minded investor on board for whom social impact is just as important as financial return.”
To read the latest edition of the latest IPE Real Assets magazine click here.
