Fourth property acquisition for open-ended special fund "HIH Vita Invest"
HIH Invest Real Estate (HIH Invest) has acquired the health centre at Löbtauer Straße 66 in Dresden for its open-ended special fund "HIH Vita Invest". The core property with KfW 40 energy efficiency standard was completed in 2024 by the Kadur Group & Vollack Group and comprises around 5,700 square metres of rental space. The building complex is located in the Friedrichstadt district close to the city centre and is rented to medical and therapeutic users. The occupancy rate is around 90 percent. HIH Invest is thus contributing the fourth property to "HIH Vita Invest". The special fund invests in healthcare real estate such as medical centres, assisted living facilities and outpatient care in Germany and pursues a strategy in accordance with Article 8 of the EU Disclosure Regulation.
"The property fits perfectly with the investment strategy of HIH Vita Invest. With the medical facilities, the ESG-compliant construction method and the long-term secured leases, we generate a stable cash flow for the fund. In view of the advancing outpatient care system and demographic change, the need for easily accessible, modern care locations like this is growing. The fund offers institutional investors the opportunity to invest in a future-proof segment with high social relevance," explains Carsten Demmler, Managing Director of HIH Invest.
The six-storey health centre is characterised by flexible floor plans, modern building technology and high-quality furnishings. Tenants also have access to an underground car park with 32 parking spaces. A further 6 outdoor parking spaces belong to the property. The anchor tenant is Comcura GmbH, a nursing service specialising in out-of-hospital intensive care, which operates a fully inpatient facility with 41 places in the property. Other users include providers of physiotherapy, orthopaedic technology, an engineering office and, in the future, an orthopaedic practice as well as other medical service providers. The property is within walking distance of the municipal clinic and is very well connected to public transport via the S-Bahn and tram.
"The flexible floor plan structures, the modern building technology and the high structural standard make the health centre in Dresden-Friedrichstadt a sustainable and versatile investment. The ability to use it for third parties increases the long-term value of the property," adds Henriette Benassi, Head of Transaction Management Social & Healthcare at HIH Invest.
The legal and tax purchase review was carried out by the law firm Mayer Brown, Frankfurt am Main. CASE Real Estate was responsible for the technical and ESG due diligence.
