ABOUT HARTELT

Hartelt Fund Management is a boutique fund manager, specialized in healthcare real estate. Our flagship Apollo Healthcare Property Fund has been established to respond to the growing and changing demand for healthcare facilities and senior housing.

We offer institutional investors stable cashflows and low correlated, inflation-linked income returns in combination with a significant social impact by investing in high-quality, sustainable and affordable housing and healthcare facilities for the benefit and senior citizens and healthcare providers.

Our team consists of highly experienced professionals with a strong track record in managing real estate investment funds, healthcare real estate and risk management. As a boutique we are very focused and have a strong alignment with our clients.

Our company was founded in 2013. Hartelt is located in Maastricht and is regulated as an AIFM by the Dutch Authority for the Financial Markets (AFM) and the Dutch Central Bank (DNB).

We aim to be the largest private investor in Dutch healthcare real estate by 2030, having invested at least € 1 billion in high-quality, sustainable and affordable healthcare facilities and senior housing.

SENIOR MANAGEMENT TEAM

Hartelt has a stable team of dedicated professionals with on average over 20 years of experience. Our team is multidisciplinary with a proven track record in managing institutional real estate investment vehicles, healthcare real estate and risk management.

Joep Munten

Managing Director

+31 (0)6 460 856 77

j.munten@hartelt-fm.com

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Victor Gulickx

Director Funds

+31 (0)6 251 880 70

v.gulickx@hartelt-fm.com

Linkedin

Michel van Oostvoorn

Director Investments

Wendy Wasbauer

Office Manager

+31 (0)6 110 781 64

w.wasbauer@hartelt-fm.com

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OUR MISSION

The Apollo Healthcare Property Fund has been established to respond to the growing and changing demand for healthcare real estate. The fund invests in high quality, sustainable and affordable senior housing and healthcare facilities that benefit the well-being of residents and healthcare providers. Institutional investors in the fund benefit from stable cashflows and low correlated, inflation-linked income returns in combination with a significant social impact.

OUR GOAL

We aim to be the largest institutional investor in Dutch healthcare real estate by 2030, having invested at least € 1 billion in high-quality, sustainable and affordable healthcare facilities and senior housing.

CORE VALUES

AUTHENTIC

We are always genuine and true to ourselves

RESPONSIBLE

We cherish the confidence our partners have entrusted us with

TRANSPARENT

We are accountable for our actions and words

DEDICATED

We are committed to our purpose and long-term strategy

GOVERNANCE

Ownership of Hartelt is held by its senior management and by LIOF as a strategic minority shareholder. LIOF is an investment company owned by the Dutch Ministry of Economic Affairs and the Province of Limburg and provides growth capital for innovative companies.

SUSTAINABILITY

Responsible investment

Hartelt has been a signatory of the PRI (Principles for Responsible Investment) since 2017. PRI is supported by the United Nations and is the world’s leading proponent of responsible investment. Hartelt has also been a member of GRESB since 2016. GRESB is the Global Real Estate Sustainability Benchmark, an investor-driven organization committed to assessing the ESG performance of real assets globally.

Impact investing with care

The mission of the Apollo Healthcare Property Fund is to initiate and manage long-term partnerships with institutional investors and healthcare providers to meet the growing and changing demand for affordable, sustainable care housing and facilities. By doing this, it provides high-quality healthcare real estate in the Netherlands, fulfilling the need for healthcare accommodation and facilities to improve the lives of people who need healthcare. Investments in healthcare real estate yield secure (direct) income that are linked long-term to inflation, whilst contributing to a basic need for people. Healthcare consumers as well as healthcare providers benefit from sustainable accommodation and facilities.

Sustainable investment objectives

The Investment Strategy of the Apollo Healthcare Property Fund is specifically aimed at investing in affordable and sustainable high-quality healthcare accommodation and facilities to improve the lives of people who need healthcare. Because the Fund has sustainable investments as its objective, it classifies as an Article 9 (SFDR) financial product. The Fund is expected to achieve its sustainable investment objectives by:

  1. Investing only in real estate properties that meet a minimum score in the areas of: (1) Energy, (2) Environment, (3) Health, (4) Quality of use and (5) Future value.
  2. Investing only in real estate properties that are categorised in the affordable and/or mid-market rental segment.
Integration of sustainability risks

Hartelt has an integrated sustainability risks assessment in its investment due diligence processes. All real estate properties are assed using the national GPR-method. The five sustainability risk themes are explained below:

  • Energy
    We assess the energy performance of each property and gain insight into the possibilities for improvement.
  • Environment
    Raw materials are becoming scarcer and more expensive. The built environment consumes more than 30% of the raw materials and causes harmful emissions. Renovating or demolishing existing buildings limits harmful emissions and depletion of raw materials.
  • Health
    People spend a large part of the day in a home, office or school. But the indoor environment is often unhealthy. The aim of this theme is the realization of healthy buildings. Think of limiting noise pollution, sufficient fresh air, comfortable ventilation and sufficient daylight.
  • Quality of use
    Society is aging. But we want to live at home longer. Care and housing must therefore be combined. Young people, families or the disabled have different needs. And everyone wants a safe living environment.
  • Future value
    There are neighbourhoods where people do not want to live and neighbourhoods that are popular. If the environment is dear to people, the value of the property increases. With a good score on this theme, a property can be adapted to changing user requirements or legislation and regulations without high costs or much material waste. This means taking into account the change of function and amenity value of the environment during construction or renovation.

The GPR assessment is conducted by third parties to ensure an independent judgement.

Principal Adverse Impacts

In addition to sustainability risks, Hartelt also considers principal adverse impacts of its investment decisions on sustainability factors. Hartelt has therefore a Principal Adverse Impacts (PAI) statement.

CAREER

We value entrepreneurship, creativity and critical thinking. Interested in joining our team of dedicated professionals in a fast-growing company? Please send us an e-mail and your resume.

COMMITMENT TO AN INCLUSIVE WORKSPACE

Hartelt is committed to an inclusive workplace that embraces and promotes diversity and equal opportunity. We value, respect and leverage the unique contributions of people with diverse backgrounds, experiences and perspectives to enhance understanding of the needs of our customers and provide innovative solutions and products to an equally diverse community.

We oppose all forms of discrimination, whether it be on the basis of age, disability (physical or neuro), sex, sexual orientations, race, religion or belief, gender reassignment marriage or civil partnership, pregnancy and maternity or any other characteristic.

Selection for employment, promotion, training or any other benefit will be on the basis of aptitude and ability. All employees will be helped and encouraged to develop their full potential and the talents and resources of the workforce will be fully utilised to maximise the efficiency of the organisation.