The Apollo Healthcare Property Fund acquires two Health and Treatment Centres in Enschede

Maastricht, 17 September 2019 – The Apollo Healthcare Property Fund has concluded a purchase agreement with the housing association Domijn for the acquisition of two health and treatment centres in Enschede.

“These acquisitions strengthen the portfolio of the Apollo Healthcare Property Fund and respond to the growing demand for healthcare in Enschede,” says Michel van Oostvoorn, portfolio manager of the Apollo Healthcare Property Fund.

The health and treatment centres acquired are Twekkelerveld and Eudokia. health and treatment centre Twekkelerveld is located in the Twekkelerveld district, a residential area in the North-West district of Enschede. The health and treatment centre rents out space to various care providers, including a pharmacy, general practitioners, physiotherapists and dietitians. The Eudokia health and treatment centre is located in Stadsveld, a residential area in the west of Enschede. The health and treatment centre also offers space to various care providers, Both properties are rented out over a long-term period.

Victor Gulickx, Fund Manager: “We are very pleased with the acquisition of these future-proof health and treatment centres, which we can add to the portfolio of Apollo Healthcare Property Fund. This is a great example of the successful collaboration between Hartelt Fund Management, the Apollo Healthcare Property Fund and housing corporations. We see an continued importance of increasing cooperation between housing associations and institutional real estate investors in the future.”

Multidisciplinary health centre

A health and treatment centre is a multi-tenant building where various medical disciplines are combined. This is in response to the trend that people continue to live at home longer and receive a complex demand for care later in life. In addition, we are responding to decentralization of care whereby, among other things, treatments from the second line (hospital) are performed in a health centre.

Health and Treatment centre Eudokia

About the Apollo Health care Property Fund

The Apollo Healthcare Property Fund was launched at the end of June 2016. The Fund invests in high-quality, sustainable and affordable care housing and facilities that benefit the welfare of the resident and user. The Fund focuses on three segments of the Dutch healthcare market: Assisted living, Nursing home and Care and treatment centers. Assisted living offers housing to people who live independently with a combination of care, services and well-being. Nursing homes focus on people with intensive care needs. This could include people with a severe psychogeriatric (including dementia) and / or somatic condition. Care and treatment centers offer space to a range of primary healthcare providers, including general practitioners, physiotherapist and a pharmacist. The target size of the Fund is 200 million euros. Doctors Pension Fund (SPH) is the cornerstone investor in the Fund.

For more information: www.hartelt-fm.com/funds/apollo-healthcare-property-fund/

About Hartelt Fund Management

Hartelt Fund Management is a boutique fund management company founded in 2013. We serve professional investors by structuring and managing innovative investment funds that are based on long-term demographic, social and technological trends. Our team consists of highly experienced professionals with a strong track record in managing real assets investment funds. As a boutique we are very focused and have a strong alignment with our clients. Hartelt has offices in Maastricht and Amsterdam and is regulated as an AIFM by the Dutch Authority for the Financial Markets (‘AFM’).

For more information: www.hartelt-fm.com

Contact

Michel van Oostvoorn, Portfolio manager Apollo Zorgvastgoedfonds

Mobile: +31 (0)6 50 99 90 76

E-mail: michel.van.oostvoorn@hartelt-fm.com

Victor Gulickx, Fund manager Apollo Zorgvastgoedfonds

Mobile: +31 (0) 6 25 18 80 70

E-mail: v.gulickx@hartelt-fm.com

Apollo Healthcare Property Fund acquires Sint Jozef Health and Treatment Centre in Deventer

Maastricht, 30 August 2019 – The Apollo Healthcare Property Fund has acquired the Sint Jozef Health & Treatment Centre in Deventer.

The Apollo Healthcare Property Fund has reached an agreement with Deventer Hospital to acquire the Sint Jozef Health Centre for the Fund. The health centre is located on Louis Pasteursstraat in the Keizerslanden district in Deventer. “This acquisition fits in seamlessly with the Fund’s investment policy to invest in health and treatment centres to guarantee health services in these neighbourhoods,” said portfolio manager Michel van Oostvoorn.

Multidisciplinary health centre

A health and treatment centre is a multi-tenant building where various medical disciplines are combined. The demand for health and treatment centres increases due to the recent trend that people continue to live at home longer and require a complex combination of care later in life. Additionally the decentralization of care whereby, among other things, treatments from the second line (hospital) are performed in a health centre lead to an increased demand for health and treatment centres. The Sint Jozef health and treatment centre also meets the increasing demand from the neighbourhood, among other things because of the expanding number of apartments in the neighbourhood.

Long-term lease agreements

The design of the health and treatment centre guarantees good accessibility for visitors and optimal use by employees. The spaces in the centre are rented by various care disciplines, including pharmacists, general practitioners, physiotherapists, blood bank, thrombosis service, obstetrician, osteopathy, dentist, psychiatry, psychologist and care for autism. Long-term lease agreements have been concluded with all tenants. “We want to sell it because we do not see property management as a core task of the hospital,” said Gita Gallé, chairman of Deventer Hospital, about the sale of the health and treatment centre. “We are pleased that with the Apollo Healthcare Property Fund we have found a party that will maintain important functions for the city at this multidisciplinary care location”

“The defining monumental appearance with a modern functional layout is extremely suitable for a wide and deep range of care services,” concludes Michel van Oostvoorn.

Health and treatment centre Sint Jozef in Deventer

About the Apollo Health care Property Fund

The Apollo Healthcare Property Fund was launched at the end of June 2016. The Fund invests in high-quality, sustainable and affordable care housing and facilities that benefit the welfare of the resident and user. The Fund focuses on three segments of the Dutch healthcare market: Assisted living, Nursing home and Care and treatment centers. Assisted living offers housing to people who live independently with a combination of care, services and well-being. Nursing homes focus on people with intensive care needs. This could include people with a severe psychogeriatric (including dementia) and / or somatic condition. Care and treatment centers offer space to a range of primary healthcare providers, including general practitioners, physiotherapist and a pharmacist. The target size of the Fund is 200 million euros. Doctors Pension Fund (SPH) is the cornerstone investor in the Fund.

For more information: www.hartelt-fm.com/funds/apollo-healthcare-property-fund/

About Hartelt Fund Management

Hartelt Fund Management is a boutique fund management company founded in 2013. We serve professional investors by structuring and managing innovative investment funds that are based on long-term demographic, social and technological trends. Our team consists of highly experienced professionals with a strong track record in managing real assets investment funds. As a boutique we are very focused and have a strong alignment with our clients. Hartelt has offices in Maastricht and Amsterdam and is regulated as an AIFM by the Dutch Authority for the Financial Markets (‘AFM’).

For more information: www.hartelt-fm.com

Contact

Michel van Oostvoorn, Portfolio manager Apollo Zorgvastgoedfonds

Mobile: +31 (0)6 50 99 90 76

E-mail: michel.van.oostvoorn@hartelt-fm.com

Victor Gulickx, Fund manager Apollo Zorgvastgoedfonds

Mobile: +31 (0) 6 25 18 80 70

E-mail: v.gulickx@hartelt-fm.com