{"id":1290,"date":"2021-07-23T14:20:27","date_gmt":"2021-07-23T12:20:27","guid":{"rendered":"https:\/\/www.tsc-realestate.de\/tsc-real-estate-betreut-einen-deutschen-spezialimmobilienfonds-beim-erwerb-einer-stationaeren-pflegeeinrichtung-in-niedersachsen\/"},"modified":"2022-04-24T17:40:06","modified_gmt":"2022-04-24T15:40:06","slug":"tsc-real-estate-advises-a-german-special-real-estate-fund-on-the-purchase-of-an-in-patient-care-facility-in-lower-saxony","status":"publish","type":"post","link":"https:\/\/www.tsc-realestate.de\/en\/tsc-real-estate-advises-a-german-special-real-estate-fund-on-the-purchase-of-an-in-patient-care-facility-in-lower-saxony\/","title":{"rendered":"TSC Real Estate advises a German special real estate fund on the purchase of an in-patient care facility in Lower Saxony"},"content":{"rendered":"[vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” scene_position=”center” text_color=”dark” text_align=”left” row_border_radius=”none” row_border_radius_applies=”bg” overflow=”visible” overlay_strength=”0.3″ gradient_direction=”left_to_right” shape_divider_position=”bottom” bg_image_animation=”none”][vc_column column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_spacing=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” column_link_target=”_self” column_position=”default” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/1″ tablet_width_inherit=”default” tablet_text_alignment=”default” phone_text_alignment=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][vc_column_text]\n
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 \u20ac11 million. The remaining unexpired lease term (WAULT) for the property comprising 4,200 sq m usable area is 23 years.<\/h6>\n[\/vc_column_text][divider line_type=”No Line” custom_height=”36″ custom_height_tablet=”24″ custom_height_phone=”18″][image_with_animation image_url=”1141″ image_size=”full” animation_type=”entrance” animation=”Fade In” hover_animation=”none” alignment=”” border_radius=”none” box_shadow=”none” image_loading=”default” max_width=”100%” max_width_mobile=”default”][divider line_type=”No Line” custom_height=”36″ custom_height_tablet=”24″ custom_height_phone=”18″][vc_column_text]The facility is located on an 8,873 sq m site in Nenndorf in the district of Wittmund, some 15 km from the North Sea coast. The in-patient care home occupies a central location within the community and there is a bus stop around 100m from the property.<\/p>\n

There are convenience retail amenities within walking distance and other services such as pharmacies, medical practices and many other shops are located in the directly adjacent town of Westerholt.<\/p>\n

The care facility was completed in 2005 and currently comprises 45 beds, divided into 33 single rooms and 6 double rooms. In order to satisfy the pressing local requirement for care places, the facility is being extended to a total of 93 beds by the addition of 48 single rooms without interrupting the operation. The new-build is planned to be completed by the end of 2022. The operator is Convivo, a regional company which has focussed on northern Germany for over 20 years and currently manages a total of over 4,500 beds.<\/p>\n

The investment strategy of the purchaser, the real estate special fund 5QRE HealthCare Infrastructure Deutschland O1, was developed by TSC Real Estate and implemented in co-operation with Five Quarters Real Estate AG | 5QRE, a real estate investment management company (KVG) for institutional investors based in Hamburg. The real estate special fund is an investment vehicle for German institutional investors with an investment strategy encompassing a broad range of healthcare properties including both the usual types of retirement properties such as in-patient care homes and assisted living facilities and primary healthcare operations such as medical centres and community healthcare facilities plus rehabilitation and therapeutic treatment centres.<\/p>\n

Compliance with sustainability requirements is an important issue in this regard, and TSC Real Estate is currently working in partnership with the ESG Circle of Real Estate on a catalogue of criteria for the fulfilment of sustainability-related requirements for healthcare real estate as part of the ECORE initiative.[\/vc_column_text][divider line_type=”No Line” custom_height=”24″ custom_height_tablet=”20″ custom_height_phone=”18″][nectar_btn size=”medium” open_new_tab=”true” button_style=”regular” button_color_2=”Accent-Color” icon_family=”fontawesome” text=”Download as PDF” url=”https:\/\/www.tsc-realestate.de\/wp-content\/uploads\/2022\/04\/210721_PM_Nenndorf_eng.pdf” icon_fontawesome=”fa fa-download”][\/vc_column][\/vc_row]\n","protected":false},"excerpt":{"rendered":"

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 \u20ac11 million. The remaining unexpired lease term (WAULT) for the property comprising 4,200 sq m usable area is 23 years. <\/p>\n","protected":false},"author":2,"featured_media":1142,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"wds_primary_category":0,"footnotes":""},"categories":[29],"tags":[],"class_list":["post-1290","post","type-post","status-publish","format-standard","has-post-thumbnail","category-2021-en"],"_links":{"self":[{"href":"https:\/\/www.tsc-realestate.de\/en\/wp-json\/wp\/v2\/posts\/1290","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.tsc-realestate.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tsc-realestate.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tsc-realestate.de\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tsc-realestate.de\/en\/wp-json\/wp\/v2\/comments?post=1290"}],"version-history":[{"count":0,"href":"https:\/\/www.tsc-realestate.de\/en\/wp-json\/wp\/v2\/posts\/1290\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tsc-realestate.de\/en\/wp-json\/wp\/v2\/media\/1142"}],"wp:attachment":[{"href":"https:\/\/www.tsc-realestate.de\/en\/wp-json\/wp\/v2\/media?parent=1290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tsc-realestate.de\/en\/wp-json\/wp\/v2\/categories?post=1290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tsc-realestate.de\/en\/wp-json\/wp\/v2\/tags?post=1290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}