BNP Paribas REIM announces the successful launch of the “Healthcare Property Fund Europe” (HPF Europe) in H1 2020 with initial equity commitments close to EUR 200mn. The current group of investors consists of pension funds & insurance companies from France, Germany & Italy and new investors are already expected to join at latter closings in Q3 & Q4 2020.
The fund focuses on healthcare properties across all segments (short, medium & long stay) in the key Eurozone countries. HPF Europe expects to reach in the next couple of years a gross asset value in excess of EUR 1bn with a unique exposure to nursing homes, clinics & rehab facilities.
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