Below a short overview is given of the measures that are taken to minimise risks with regard to the relatively new healthcare market.

The Fund booked an income return (ROE) of 5.1% in 2015 and is lower than the 5.9% in 2014.

The healthcare real estate market is evolving rapidly, both in terms of supply and transparency.

All amounts in € thousands, unless otherwise stated

Before appropriation of result, all amounts in € thousands

For 2015, before appropriation of result, all amounts in € thousands

All amounts in € thousands

All amounts in € thousands, unless otherwise stated

The Healthcare Fund is a public limited company incorporated under the laws of the Netherlands, with its corporate seat in Amsterdam, the Netherlands.

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied unless otherwise stated.