BNP Paribas Real Estate Investment Management (BNP Paribas REIM) Belgium, on behalf of Healthcare Property Fund Europe (HPF Europe), has recently acquired from Baltisse Real Estate nv/sa, all the shares of Wombat nv, Residentie De Vlamme nv, Zorgcampus Maasmechelen nv, Anima Vera nv and De Wandelgang nv, holding five healthcare properties in Flanders, Belgium.

Four of the properties are located close or within the triangle of three major cities/ urban agglomerations - Brussels, Antwerp and Gent - while the fifth one is located in Maasmechelen not far from Hasselt and Maastricht, close to the Dutch border.

The nursing homes are being operated by renowned and reliable specialists in this domain. For all assets, triple net agreements were concluded, of which the average remaining term is approximately 20 years. They are all fully indexed on a yearly basis. Combined, the five sites offer some 33.000 sqm with a capacity of 510 beds.

Healthcare Property Fund Europe is an open-ended pan European fund managed by BNP Paribas REIM, offering diversification in the healthcare sector in the Eurozone countries.

In the healthcare sector, BNP Paribas REIM’s strategy is based on 3 main pillars:

  • A policy of diversification of investments in the different types of healthcare real estate;
  • Wide geographical exposure in Europe (presence in 5 countries);
  • A long-term partnership approach with operator tenants.

Casper van der Woude, Director for BNP Paribas REIM Belgium, comments:

“Healthcare Property Fund Europe continues to expand its healthcare portfolio via this off-market transaction, which is the fund’s first acquisition in the Benelux region. This acquisition fits perfectly with the fund's strategy to diversify geographically in the Eurozone. We are extremely pleased to have purchased this nursing home portfolio that meets the needs of the continuing aging population in Belgium.”

BNP Paribas REIM was advised on this transaction by Allen & Overy, E&Y, Treex and CBRE Capital Markets.

BNP Paribas Real Estate Press
Media Relations
Download the file
By ticking this box, I agree to receive commercial solicitations or offers on products and services from BNP Paribas Real Estate.
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.

BNP Paribas Real Estate Belgium SA/NV, a public limited company, 235 Avenue Louise/Louizalaan, 1050 Brussels uses cookies and other methods to process information about you (such as identification data, including your contact details) for the purposes of processing the requests that you send to us via the website and, in some cases, for marketing purposes. For further information about how BNP Paribas Real Estate Belgium SA/NV processes your personal data in this context and about your rights (including your rights of access, correction, objection to processing for marketing purposes and your right to give instructions on how your personal data will be used after your death as well as, in certain circumstances, a right to erasure, to restrict processing, to data portability and a right to object to other forms of processing) and BNP Paribas Real Estate Belgium SA/NV's obligations in this area, please take a look at our Data Protection Notice available at