Amvest Living & Care Fund

The Amvest Living & Care Fund invests in care homes for the elderly in the Netherlands. We develop innovative concepts alongside care providers. A lovely home for everyone who needs care and who can no longer live independently. That puts us ahead in the market. The Amvest Living & Care Fund is currently not open to new investors.

Can we still get older without care?

The shortage of homes and care for the older working population in the Netherlands is a major challenge to society. Reforms should keep care accessible and affordable. But the reforms and rising welfare levels among the elderly mean that conventional nursing and care homes are becoming less attractive. But there’s a different way, with a growing demand for small-scale care homes, developed for quality of living. Warm, homely and safe, just like being at home. A lovely place for getting older with excellent care on hand. This is the type of property that the Amvest Living & Care Fund invests in.

Special care, fine living for everyone

Amvest constructs care properties throughout the Netherlands. We focus on the elderly who have to live with more serious requirements for care and can no longer live on their own. For everyone, regardless of the depth of their wallet. Amvest is working on this alongside established partners in the care industry, for the long term. With them, we create innovative, small-scale living formats, using a well-delineated concept. And always with a clear focus on the end user, providing personal attention, high quality care and service. Residents benefit from personal attention, with a high degree of efficiency, through the use of specialist care teams.

Keeping a grip on care property and quality

Amvest has all the expertise it needs, in-house, for developing care properties. And our active management means we can offer stable yields to our investors. We are perpetually on the hunt for suitable new (development) sites. From new-build to targeted refurbishment. We are currently investing in care concepts at Het Gastenhuis, Zorggroep De Laren, Dagelijks Leven and Futura Zorg. But we’re also open to new collaborations to add to these concepts. The result is an intensive collaboration; a partnership, always covering multiple complexes.

Sustainable and social returns

The Amvest Living & Care Fund has a broad strategy on sustainability. We construct energy-efficient care properties and achieve social impact by creating a delightful living environment for the vulnerable elderly. The starting point here is personal, high value care. For the third year in a row, the Fund attained the maximum 5 stars in the Global Real Estate Sustainability Benchmark (GRESB) in 2020. The Amvest Living & Care Fund is also the most sustainable care property fund in the world!

Sustainable Finance Disclosure Regulation (SFDR)

On the basis of the SFDR, financial market participants are required to indicate how they handle sustainability risks and to detail the consequences of this approach (for more details, see Investment Management). In addition, the regulation contains transparency requirements at fund level.

The regulation distinguishes between:

  • funds that are not promoted as sustainable (grey);
  • funds that promote environmental or societal characteristics (light-green);
  • funds with sustainable investments as their objective (dark-green).

The Amvest Living & Care Fund qualifies as a light-green fund which promotes the building of a sustainable portfolio and the provision of care housing for a broad target group as its characteristics.

These themes are integrated into the fund’s strategy and the individual aspects for each theme are reflected in Key Performance Indicators (KPIs). These KPIs are defined and measured at fund level and at individual property level (if applicable). A target is set for each KPI that is measured and reported. The KPIs and targets are evaluated annually and adjusted if necessary.

For SFDR purposes, the fund promotes the building of a sustainable portfolio and the provision of care housing for a broad target group.

KPIs defined and measured for these themes are:

  • determining customer satisfaction;
  • determining the GRESB score and comparing it with our peers (benchmarking);
  • measuring energy consumption per complex;
  • measuring CO2 emissions per complex;
  • measuring fire safety per complex.

For more information on the KPIs defined, the results of the past year, the data sources and screening criteria, please refer to the Annual Sustainability Report of the Amvest Living & Care Fund.

CONTACT

Features of the Fund

  • Dutch property operating fund for care homes
  • Founded in 2013
  • Core investment fund
  • Two investors, closed to new applicants
  • Four care partners, each with its own formula: Dagelijks Leven, Het Gastenhuis, Zorggroep De Laren and Futura Zorg.
  • 64 care complexes under management and 10 being developed (2020)