Stichting Warande sells two residential care locations in Houten and Bilthoven

News 9 Dec 2021

Stichting Warande has sold two residential care locations with a total of 175 units in Houten and Bilthoven to Fidelity International. Capital Value advised the seller in this sale & lease back transaction. Stichting Warande will lease both locations back on a long-term basis. The sale of the complexes fits in with the strategic real estate plans of care institution Warande to realise new build and renovation in its portfolio in the coming years.

Manon Kuipers, specialist healthcare real estate at Capital Value: “This transaction is a good example of a collaboration between a healthcare institution and an investor with the aim of improving the quality and sustainability of healthcare real estate. A large part of the stock of healthcare real estate in the Netherlands is outdated. Collaboration with market parties offers many opportunities to tackle this qualitative task in the coming years.”