The Berlin real estate company HD Gruppe has sold the health quater in Magdeburg Sudenburg as part of a forward deal to an institutional fund managed by INP Invest GmbH.
The parties involved agreed not to disclose the purchase price. The transaction was accompanied by the consulting company DIMP – DIE IMMOBILIEN PARTNER Hamburg.
The health quarter in the south of Magdeburg is picking up on the current trend towards outpatient and semi-inpatient forms of care. On an area of 6,000 square meters, a new building is to be realized with the types of use service living, day care and two dementia living groups. The planning envisages the creation of 92 residential units on a usable rental area of 5,500 square meters, 68 of which are for assisted living and 24 apartments for dementia.
The tenants and operators are the Berlin care service provider RENAFAN GmbH for assisted living and day care and Komfort Vermietungsgesellschaft mbH from Potsdam for the dementia apartments. The leases have a term of 20 years with an option to extend for a further 10 years.
The building permit is available. The realization of the building project has started. The completion of the new building in the south of Magdeburg is planned for the end of the first half of 2022.
“We are pleased to have found an institutional buyer for the health district in Magdeburg Sudenburg in the INP Group,” said Herbert Dzial, Managing Director and founder of the HD Group. “The Magdeburg project has a lot of potential and will make an important contribution to the accommodation and care of older people in the region in particular. The HD Group will continue to focus on the asset class of health care real estate in the future. ”
The area of healthcare real estate is becoming more and more important, especially forms of assisted living that enable older people to lead their lives independently for as long as possible, but with support when necessary. In addition to traditional care facilities, there are assisted or service living, care shared apartments, senior citizens’ residences, multigenerational houses and various co-housing concepts.
About the HD Group:
The HD Group, based in Berlin, has many years of successful expertise in the area of project development for residential, commercial and retail properties in Germany. Under the umbrella of the holding company, the HD Group offers a wide range of services, from project development to project management, investment management and property management.
About the INP group:
The INP Group is an independent group of companies and has been active as a product provider and asset manager since it was founded in 2005 and has been active in the field of social real estate since 2013 with its own capital management company INP Invest GmbH.
DIMP Hamburg is an established, international consulting and brokerage company in the real estate industry. DIMP focuses on transaction advice in the areas of Health Care & Social Investment, Residential Investment and Commercial Investment.