For TSC Real Estate, a leading investment and asset management company with a focus on residential, social and healthcare properties, 2021 was the most successful year in the company’s history. Between January and December last year, TSC Real Estate succeeded in acquiring 28 properties for its institutional clients, with a transaction volume of c. EUR 210 million. EUR 180 million of the total was accounted for by properties in the healthcare sector and around EUR 30 million by residential assets.
Assets under management grew from c. EUR 1.5 bn at the end of 2020 to around EUR 1.6 bn by 31 Dec 2021. The number of staff increased to 27 in the same period. TSC Real Estate also facilitated sales with a total value of some EUR 530 million.
Berthold Becker, Managing Director of TSC Real Estate, comments: “As an asset class, healthcare property is becoming increasingly differentiated and complex. We actively facilitate this ongoing process for our clients, supporting strategic investment decisions and management with our experience and expertise in the industry. What’s more, at an early stage we had already formulated ESG as a value-added service, including developing and implementing a rating structure, our own ESG reporting system and property-specific action programmes. Although our activities in this field are continuously developing, we are already well positioned for the future. This enables us to compile and transparently implement a customised manage-to-ESG strategy for both our own and our clients’ properties.”
In 2022, the agenda at TSC Real Estate includes not only initiating and launching in-house investment vehicles for institutional investors in the residential and healthcare real estate sector, but also establishing and participating in operating companies in the relevant real estate segments.
In coming months, as well as organic growth options acquisitions will also be appraised and, if appropriate, implemented. Acquisition of real estate with a volume of approximately EUR 300 million is planned, as well as further development of the vertical service structure. This includes expanding the property management division and, far from least, property development.