2017 Residents Langsingerland Bergschenhoek 30% 18,075 10.0% Berkel En Rodenrijs 50% 30,048 5.0% 100% 60,042

Health Center “Medisch Hart Bleiswijk “ Dorpstraat 3 in Bleiswijk (South Holland )

The health center “Medische Hart Bleiswijk”, is Located in the city center of Bleiswijk situated in the former town hall (first stone laid in 1983). The "Bleiswijk Medical Heart" consists of a 12 room “Health Recovery” hotel approved by SNHZ (Association Dutch Recovery Hotel Standards and Requirements) “Stichting Nederlandse Herstellingsoorden en Zorghotels” , a service desk and a health center with the following specializations:

 Doctors Pratice De Gruijl  “GGZ Delfland - GR1PP”  “Invorm”, diet and  Physiotherapy Berkelhoek Practice for Lansingerland, sportadvice.  “Fysiokids” children physio  Child psychologist  Podotherapy Doctor therapy  Skin Care “Medisch Hart Bleiswijk” “Feet Body and Mind”  “Laurens” homecare  Sport healthcare specialist  Natural Therapist  “Kring” Pharmacy Bleiswijk Rotterdam  Homecare Shop “Medisch  Midwifery Center Lansingerland Hart Bleiswijk”

Demographics: The population between the ages of 35-55 years has grown sharply in recent years, but is now stabilizing. The number of age 65 plus has also risen steadily, and continues so that in the coming years there will be about 50% more in the age group 65 plus than now.

%Population Polpulation Bleiswijk 20% 11,919 2017 Residents Langsingerland Bergschenhoek 30% 18,075 10.0% Berkel en Rodenrijs 50% 30,048 5.0% 100% 60,042

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Location Bleiswijk “district of Lansingerland”, is close to the cities of The Hague and Rotterdam. The "Bleiswijk Medical Heart" is located in the center of Bleiswijk, near supermarkets and public transport. There are 4 hospitals around Bleiswijk in the region. In the vicinity of the "MHB" is a “Laurens Woonzorg” location, that delivers long-term care for people from light to heavy ageing conditions relating to Alzheimers, Dementia, Physical/Phsychiatric conditions that may be due to old age or Traumatic Brain Injury (TBI).

Located close to major cities “Den Haag” & “Rotterdam”

Busstop within 100m

Hospitals

Financial information  Purchase Price ( including costs ) : € 3.281.473  Hire Income (as of november 2016) : € 208.360 ( Annually excl VAT)  The hire contract duration is 10 years (except for the pharmacy and home care store which are 5 years). The rental fee is indexed annually with a percentage increase for inflation.

The invested amount is financed by ± 40% of private investors and ± 60% with a mortgage loan with a well-known Dutch banking institution

Financial forecast Secerno HealthCare Real Estate Fund B.V. From the medical center "Bleiswijk Medical Heart" (forecast 1st 10 years on an annual basis)

Annual 2018 2019 2020 2021 2022 2023 2024 2025 2026

Rental Income 211,312 215,538 219,849 224,246 228,731 233,306 237,972 242,731 247,586

Operating Costs -97,667 -99,835 -102,364 -105,007 -107,640 -110,338 -112,976 -115,630 -118,299 Fund Costs -23,365 -25,223 -25,727 -26,242 -26,767 -27,302 -27,848 -28,405 -28,973

Total Costs (TER) -121,031 -125,058 -128,091 -131,249 -134,407 -137,640 -140,824 -144,035 -147,273

Operational Result 90,281 90,480 91,758 92,997 94,324 95,665 97,147 98,696 100,313

Return to Investors 6.03% 6.04% 6.10% 6.17% 6.24% 6.31% 6.39% 6.47% 6.55%

Oct-17

Building and Floorplan The property has been recently renovated and furnished and has an energy-efficient (EPA A label). The technical installations have also been thoroughly adapted and modernized.

Basement and Ground Floor First Floor