NLII Apollo Zorgvastgoedfonds acquires two health centers

Maastricht, 21 November 2017 – The NLII Apollo Zorgvastgoedfonds has concluded a purchase agreement for the acquisition of the De Groene Hoven health center in Apeldoorn. The Fund has also signed a letter of intent to also acquire the De Brug health center in Hengelo. The Fund is on track to achieve its financial and social impact objectives.

“These acquisitions of the NLII Apollo Zorgvastgoedfonds fit in perfectly with the aim of investing in multidisciplinary care centers. The health centers are responding to the desire to combine different care disciplines and bring them closer to people”, said portfolio manager Michel van Oostvoorn.

Multidisciplinary health center

A health center is a collective building where different medical disciplines are combined. This responds to the trend that people continue to live at home longer and have a complex care demand at a later age. In addition, it is responding to decentralization of care, in which, among other things, treatments from secondary care (hospital) are performed in a health center. The health center De Groene Hoven also meets the increasing demand by expanding the number of (care) apartments in the district.

Long-term rental agreements

The design of the health center guarantees good accessibility for visitors and optimal use by employees. The spaces in both centers are rented by various care disciplines, including pharmacists, general practitioners and physiotherapists. Supporting disciplines are also represented, including a dietitian, podiatrist and occupational therapy. Long-term lease agreements have been concluded with all tenants.

Growth of the NLII Apollo Healthcare Real Estate Fund

Johan Reesink, chairman of SPH: “We are delighted with the acquisitions in the portfolio of the NLII Zorgvastgoedfonds, this time two health centers. With this we see that the market for financing healthcare real estate is on the rise. For us, as a pension fund for general practitioners and initiator of the NLII Apollo Zorgvastgoedfonds, this is an important element with which we want to have an impact for healthcare in the Netherlands and for our participants. “”

Victor Gulickx, Fund Manager: “We are very pleased with the acquisition of these future-proof health centers, which we can add to the portfolio in close consultation and cooperation with all parties. In addition, we see momentum in our pipeline and expect to be able to announce several acquisitions in the coming period. “