A new season

In 2023, we navigated a challenging economic environment characterised by several sector-wide issues, including rising construction costs, the pressures of an aging population, limited investment volume and difficulties finding suitable new

Market developments

The inflation rate remained higher than expected and reached 3.9% in 2024 (CBS, 2025). Inflation is expected to be 2.4% in 2025 (Oxford Economics, 2024).

Portfolio strategy

The aim of the Fund is to respond to the demand for high-quality care homes suitable for people with extensive and light care needs.

Portfolio developments in 2024

In 2024, the AL&C Fund delivered 14 locations for a total of 341 units. The portfolio reached a new milestone of 109 locations, comprising of 2,279 care homes.

Structure and governance

The AL&C Fund is structured as a closed-end, fiscally transparent fund for joint account (FGR) with the Launching Investors AEGON and PfZW as the only two Investors.

Risk management

The strategy of the Amvest organisation focuses on two key activities:

Compliance

The corporate Compliance Program forms the basis for all relevant compliance-related themes. It consists of a Compliance Charter, an annual Compliance Plan and a Compliance Manual containing all policies and procedures.