Coöperatie DELA joins Syntrus Achmea Real Estate & Finance's Achmea Dutch Health Care Property Fund (ADHCPF) with 100 million euros. The healthcare real estate fund will use the mandate for new investments in assisted living complexes, aiming for a high social return and an appropriate financial return.
"An investment in Dutch healthcare real estate is a good fit for DELA," says Frank Eizinga, CIO of 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 particular 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.”
On behalf of the participants in the ADHCPF, Syntrus Achmea has in recent years invested heavily in new complexes, combining lifetime homes with healthcare in the immediate vicinity and working to create a community and reduce loneliness. Together with Zilveren Kruis, also part of Achmea, Syntrus Achmea is committed to the realisation of at least 450,000 age-appropriate homes by 2040 to provide a healthy and suitable home for the rapidly growing group of people over 65.
"We are very pleased to have DELA as a new participant in the fund," says fund manager Daan Tettero. "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."
Syntrus Achmea has been investing in healthcare real estate for more than 10 years with an excellent track record. With a portfolio of over 700 million euros, the ADHCPF is the largest fund in the Netherlands focused on healthcare real estate for institutional investors.