Bouwinvest Real Estate Investors has invested $60m (鈧50m) in Blackstone鈥檚 US medical real estate investment trust BioMed Realty.
Bouwinvest, which invests internationally on behalf of Dutch pension fund BpfBouw, said it participated in Blackstone鈥檚 recapitalisation of BioMed Realty, a company which owns a US portfolio in core life science markets.
Blackstone recently disclosed in its earnings statement that it had raised $7.5bn for its new life science office real estate perpetual vehicle.
Gijs Plantinga, Bouwinvest director North American Investments, said: 鈥淭his exceptional investment opportunity meets our real value for life objectives by creating value in both financial and social terms.
鈥淥ur investment not only provides an attractive long-term return for Dutch pensioners but also helps facilitate important medical research.鈥
Bouwinvest, which has a target to grow its North American portfolio to $2bn by 2022, said the portfolio currently stands at $1.65bn.
鈥淏ouwinvest sees additional long-term opportunities in affordable housing, single-family rentals and logistics in North America, as well as in alternative segments including life science office and data centres,鈥 the Dutch investor said.
To read the digital edition of the latest 91传媒在线 magazine click .