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.