Cureus continues to expand portfolio – first quarter of 2026 demonstrates operational strength and sustainability

Cureus, a portfolio holder specializing in inpatient care properties, also completed new and urgently needed care capacities in Germany in the first quarter of 2026 and started building new units. From January to March 2026, 438 units for care and serviced living as well as a daycare centre were completed at various locations, and the construction of a new residential location with 163 care places has also begun. All new facilities will be managed together with various operating partners.

"The year 2026 has started well, for the real estate world and for us," sums up Christian Möhrke, CEO of Cureus, and elaborates: "In the first quarter, politicians already took steps towards further easing of building legislation and the funding landscape was also more investor-friendly again, which will probably lead to a slight market revival in real estate project developments. It remains to be seen what agility the government will show in terms of care legislation in the near future and what effects this could have on the construction of new care locations. With regard to Cureus, we are proud that our continued high construction performance and also the quality of our properties have been assessed so positively by the experts from bulwiengesa and DGNB. The high level of acceptance of our properties, also among institutional and private investors, is also an incentive for us to continue on our course and create new, urgently needed care capacities for Germany."

The specialists at the market data and analysis institute bulwiengesa have once again named Cureus the leading project developer for senior citizens' real estate in Germany for 2025. This is the result of the company's current Development Monitor, which provides a detailed analysis of the German project developer market every six months. Cureus leads the segment for the fourth year in a row.

To the Development Monitor 2025...

In the first quarter, the German Sustainable Building Council (DGNB) awarded ten Cureus buildings the Silver Certificate as an individual certificate or as part of the basic certification. The experts thus recognize the high sustainable construction quality according to the Cureus system approach in the areas of environmental, social, process and location assessments, among other things. In the first quarter of 2026, the DGNB also raised the basic certificate issued at the end of 2025 for Cureus' future system maintenance properties to silver level once again. More information about the basic certificate...

With the acquisition of two new project plots in North Rhine-Westphalia, Cureus is expanding its project pipeline at the beginning of the year.

As part of the sale of the Porta Westfalica-Barkhausen site (North Rhine-Westphalia), a property built in 2023 with 112 places for inpatient and short-term care, ten units for out-of-hospital intensive care (AKIP) and corresponding service facilities will be transferred to Swiss Life Asset Managers in the first quarter of 2026. Learn more...

At the end of March, Cureus joined the BFW Landesverband Nord e.V. in order to strengthen itself in Cureus' most important core market through this network of regional and national real estate market players. Cureus is thus also further expanding the group of members in the association with a clear focus on care and housing services for seniors.

The "Wohncarrée Industriedenkmal Salzmann" project in Kassel, which is currently under construction at Cureus, was nominated for the top 10 in the "Green Project" category at the German Real Estate Award 2026 at the beginning of the year. The application was made together with Pecuria GmbH, which is responsible for the individual sale of the apartments for senior living at this location. More about the project...

Cureus continues to selectively sell locations from the portfolio to various market participants if opportunities arise in order to additionally release tied up liquidity for the realization of further projects. The sale of senior living apartments to private investors, organised through sales partners, is also still part of the company's core business.

In addition, the company continues to be active in land acquisition for new projects. The focus here is particularly on North Rhine-Westphalia; Hesse, Lower Saxony, Schleswig-Holstein and Berlin also remain interesting. Above all, centrally located plots in residential or mixed-use areas of 3,000 square meters or more that are well developed in terms of infrastructure are sought. To the purchase profile...

Real estate portfolio
The portfolio now comprises 77 leased locations with 7,565 nursing places, 796 serviced residential units and 241 other units.

Around 4,171 units under construction and in planning
at 28 locationsThere are currently 760 nursing places and 44 serviced housing units under construction at 7 locations.

Around 2,510 nursing places, around 860 service residential units and around 10 other units at 21 locations are currently being planned. Projects in planning have already been secured by a notary.

Cureus continued to complete additional care capacities in the first quarter of 2026. This resulted in 373 inpatient care places, 18 care places in day care, 47 serviced residential units and a daycare center at three locations. The construction of 163 inpatient care places at another location has begun.

At the beginning of 2026, construction work could begin on the compassio senior citizens' residence in the "Wohncarrée Industriedenkmal Salzmann" in Kassel (Hesse). In the future, the residence will include 163 inpatient care places. In the course of the project, 96 subsidised residential units are currently being built in the listed factory building on the site. In the two other parts of the factory, 96 serviced residential units are planned for individual sales via Pecuria as well as areas for culture. In addition, the ensemble will be supplemented in the future by another residential building with commercial units for local supply as well as the factory boiler house to be renovated as a catering area. Details about the project...

In Minden (North Rhine-Westphalia), the new Marien Residenz was completed and handed over for the operator emida in February 2026 directly in the city centre. There are now 93 care places for full, short-term and respite care, 19 service apartments and a kindergarten with 20 places, as well as corresponding service facilities for residents in a KfW 40EE building. Around 90 jobs have been created. There is also a doctor's office in the property. Details about the project...

With the completion of the new compassio residential site in Osterholz-Scharmbeck near Bremen (Lower Saxony), a modern complex consisting of two buildings in accordance with the KfW 40NH standard was handed over to the operator. There are now 143 barrier-free single rooms for inpatient long-term and short-term care, 28 service apartments and a day care centre with 18 places. Likewise. The nursing and residential units are currently being sold to private investors via the partner Pecuria in individual sales. Details about the project...

In March 2026, the completion and handover of the new compassio retirement home in Merseburg (Saxony-Anhalt) took place. With 137 single rooms for inpatient care, restaurant, hairdresser, pedicure, care bathroom and therapy rooms, a modern care location with around 100 new jobs in the future has been created directly in the heart of the city. The building was built in sustainable Efficiency House 40 construction and is aiming for DGNB certification in silver. Details about the project...

As early as the first quarter of 2026, celebrations could be held again on Cureus' construction sites: In January 2026, for example, the foundation stone was laid for the Amando senior citizens' residence in Gladbeck-Brauck (North Rhine-Westphalia) with 118 nursing places. In March, the foundation stone was laid for another Amando retirement home in Sterkrade in Oberhausen (North Rhine-Westphalia) with 86 care places.

All new buildings are being built in accordance with the Cureus standard of the system care property. This relies on uniform, high quality standards and is oriented, among other things, to the needs of the operators with a focus on residents and nursing staff. For example, the construction processes and all objects are optimized from the inside out: This applies, for example, to the size and arrangement of rooms to optimize areas and walkways. The on-site equipment is also well thought-out from a utility point of view: corridors always receive daylight, each room has floor-to-ceiling windows and the modern bathrooms and window arrangements always follow the same standardised system approach. In the architecture and façade design, however, great importance is attached to individuality and the highest quality in order to fit optimally into the respective project environment. Sustainable aspects also play an important role both in terms of the long-term profitability of a nursing home and its impact on the environment. For example, the KfW 40 standard is aimed for all properties. The bundled procurement, including floor coverings or elevator systems, also ensures cost synergies. Long-term maintenance contracts covering several properties also reduce the costs of the future operator. By constantly reviewing and optimizing this system approach, the creation of needs-based properties can be guaranteed.