TSC Real Estate

TSC Real Estate has completed the first four purchases of properties located in Berlin, Flensburg and close to Dresden in its function as investment and asset manager for the new German residential fund operated by a Luxembourg-based fund manager. A total of 215 residential and commercial units were acquired for a mid-double-digit million Euro amount.

TSC Real Estate has revitalised and extended a former care facility in Pohlheim in the state of Hessen and concluded an operator contract with the Argentum Gruppe. The contract has a term of 25 years.

TSC Real Estate acting as investment and transaction manager for the German special AIF "5QRE HealthCare Infrastructure Deutschland 01", has facilitated the acquisition of a nursing and healthcare property in Hamburg. The vendor was a company in the FN Capital Holding group.

Berlin-based TSC Real Estate has advised the fund 5QRE HealthCare Infrastructure Deutschland 01 on the purchase of a socio-therapeutic facility located in Darmstadt.

Berlin-based TSC Real Estate has advised the fund 5QRE HealthCare Infrastructure Deutschland O1 on the purchase of an in-patient care facility with 93 beds located in Nenndorf for a price of around €11 million. The remaining unexpired lease term (WAULT) for the property comprising 4,200 sq m usable area is 23 years.

TSC Real Estate has successfully completed a project for the full refurbishment and modernisation of the Alfeld retirement home located in 31061 Alfeld (Leine) at year-end 2020 and has now handed the home over to the new operator Argentum.

TSC Real Estate has advised a Luxembourg-based fund on the purchase of a care home located in Saxony for a price of around EUR 16 million. The property is the Plauen care home located in the district of Vogtlandkreis.

TSC Real Estate has advised a Luxembourg-based fund on the purchase of a care home located in Bad Oeynhausen for a price of around EUR 5 million. As part of the property acquisition, the company Curata Pflege GmbH continues as operator.

TSC Real Estate has advised a Luxembourg-based fund on the purchase of a care home located in the state of Hessen. The purchase price was approx. €12 million. The property is the retirement home Cura Sana Pflegeheim Weilmünster in the mid-Hessen district of Limburg-Weilburg.

TSC Real Estate has advised a Luxembourg-based fund on the purchase of two care homes in Lower Saxony for a total of €16 million. Both properties comprise fully in-patient care facilities.