Heitman has acquired a 282-unit, luxury senior living residence in Groningen, The Netherlands, on behalf of an affiliate of the firm.
In addition, Heitman also recently acquired a two-building residential portfolio located in the Nieuw-West district of Amsterdam. The total investment is approximately €150 million ($170 million).
The senior living residence is located in the heart of Groningen and consists of 208 luxury senior living apartments, 74 specialized care units and a range of amenities including several restaurants and bars, lounge areas, hair and beauty salon, pharmacy, physical therapy center, gym, general practice, and an indoor swimming pool.
The two-building residential portfolio located in the Nieuw-West district in Amsterdam was acquired in September 2018. The property was built in 2008 and consists of 196 residential units with a mix of two-, three-, and four-bedroom layouts located along the Slotervaart canal in a mixed-use area, which includ