The Dutch fund for the care and welfare sector Pensioenfonds Zorg en Welzijn (PFZW) has provided a €50m loan to support the development of residential care locations in the Netherlands.

The loan was granted to Aedifica and will finance 10 energy-efficient residential care locations, which offer living space and care to 370 elderly people in the Netherlands.

The care homes are in Almere, Alphen aan de Rijn, Blaricum, Harderwijk, Lelystad, Soest, Waarder and Zwolle.

The homes are small-scale residential facilities, where residents with a care need live in the same building with care support nearby. This provides more time to care providers for personal and direct care.

Commenting on the investment, PFZW director, John Landman, said: “The number of elderly people who need care is increasing. In addition, there is a shortage of care personnel and an increasing shortage of nursing care places.

“As a result, a growing group of vulnerable elderly people are in danger of having to live at home for an irresponsibly long time.

“Finding an affordable care home is a challenge for many people in the Netherlands. By developing and building these care facilities by Aedifica, we are contributing to reducing this problem.”

PFZW stated that it prioritises a long-term perspective when making investment decisions and has considered the feedback of its participants to allocate pension funds in Dutch healthcare.

It added that these residential care facilities contribute to a good pension for its participants through a long-term and stable return.

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