The nursing home consists of three building sections, one of which was built before 2005. The other sections were completed in 2005 and 2006. The property is located in an attractive micro-location with excellent 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 staff and communal 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 use 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 Brunswick, we are making a targeted investment in social infrastructure and strengthening our portfolio with a sustainable property that has a long-term lease. The planned measures will ensure the future viability of the property and offer stable prospects for our investors.”

The sale process was assisted 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 are in the healthcare, social housing, government facilities and education sectors.

Further information on the fund can be found at www.sustainablerealestate.de/QSREI.