Architectural Firms Pension Fund significantly expands mandate in healthcare property fund
The Architectural Firms Pension Fund (‘Pensioenfonds voor de Architectenbureaus’) has given Achmea Real Estate's Achmea Dutch Healthcare Property Fund (ADHCPF) a new mandate of 58 million euros. The money is in addition to the first mandate of €47.5 million with which the pension fund joined the healthcare property fund in 2009.
‘Achmea is committed to high quality and sustainable management of the portfolio with limited risk,' says Arjen Soederhuizen, Chairman of the Investment Advisory Committee of the pension fund. ‘This should ensure a sustainable expected return. This is a so-called impact investment. This is an investment that delivers both financial and social returns. By investing in healthcare real estate, we generate returns and contribute to improving healthcare in the Netherlands.’
‘We are proud of the new mandate from Pensioenfonds voor de Architectenbureaus, which allows us to further expand the portfolio,' says Daan Tettero, Fund Manager of the ADHPF. ‘Given the ageing population and the high demand for care close to home, new healthcare properties fill a great need. There are many opportunities for institutional investors who also want to make a social impact.’
ADHCPF was again named the world's most sustainable healthcare property fund last year. This is the sixth time since 2016 that it has received this recognition. The healthcare property fund scored 93 out of 100 points in the leading Global Real Estate Sustainability Benchmark (GRESB). As a result, it was named 'Global Sector Leader'.