Specialist developer of elderly care homes
Founded in 2008, WI-IMMOGroup is Germany’s leading specialist developer of care homes, an asset class that is attracting considerable interest from investors driven by strong and intact macro trends of an ageing German population with a shortage of beds and high demand for safe, yielding investments. WI-IMMO sells partitioned units in care homes and retirement complexes to German retail investors.
The company currently has a pipeline of 22 projects. The acquisition gives the fund exposure to Germany’s attractive senior housing sector via the developer route where competition continues to push up asset prices of existing facilities.
Portfolio: Fund III
23,000 sm class A office building
6,185 sm office repositioning in Madrid
2,400 sm retail repositioning in Madrid
107,000 sm resi re-development site in Frankfurt Fund III provided short-term bridge finance to its residential development …
36,000 sm shopping center in Ludwigshafen (Rhein)
21,000 sm mixed use building in Frankfurt-Niederrad
Vacant office building in Madrid sub-market
200,000 sm land over 2 sites in Berlin A mezzanine loan for two development sites purchased by …
13,500 sm fully permitted land for apartment development in Alicante