Quadoro Investment GmbH, the capital management company of the open-ended special fund Quadoro Sustainable Real Estate Infrastructure (QSREI), has successfully completed the acquisition of a nursing home in Braunschweig, Lower Saxony.
The nursing home consists of three building sections, one of which was built before 2005. The further construction phases were completed in 2005 and 2006. The property is located in an attractive micro-location with very good public transport connections. The building complex comprises around 5,100 square metres of rental space with 111 nursing places as well as additional rooms for employees and common areas. The property is fully let.
The sustainability analysis confirms that the property meets the fund’s strict requirements. Further measures to increase energy efficiency and the use of climate-neutral district heating are planned.
Marvin Rödenbeck, Head of Investment Management at Quadoro, commented on the transaction: “With the acquisition of the nursing home in Braunschweig, we are making targeted investments in social infrastructure and strengthening our portfolio with a sustainable property that is leased on a long-term basis. The planned measures ensure the future viability of the property and offer stable prospects for our investors.”
The sales process was accompanied by Lübke Kelber.
The Quadoro Sustainable Real Estate Infrastructure (QSREI) fund was launched on 27 October 2021 and invests in infrastructure properties primarily in Germany. The buildings come from the areas of healthcare, social housing, state institutions and education.
