Raue advised HAMBURG TEAM Investment Management GmbH (HTIM) on the acquisition of a property for assisted living in Dallgow near Berlin. The seller of the facility, which consists of two building sections, is Quattrohaus GmbH & Co. KG from Cottbus.
HTIM acquired the property in Dallgow by forward deal for the newly launched “Hamburg Team Wohnen 70+” fund, which invests exclusively in residential forms suitable for the elderly. HTIM expects the buildings to be completed next year. The fund is exclusively focused on senior citizen properties. The newly acquired property in Dallgow is the first asset in its portfolio. HTIM works with a target volume of 350 million euros and a target yield of 5 and 5.5% p.a. for the target group of German institutional investors.
(29. May 2019)