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We adopt a future-oriented approach to finding, developing and managing properties in the interests of our clients.

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We develop bespoke investment solutions. We offer institutional investors the full range of knowledge in relation to structuring, product development, real estate management and market development.

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We are passionate real estate managers and fund administrators. We know the requirements of clients, properties, legislators and the market.
We take on the challenges of the future. Early identification of changes in the market, implementation of regulatory requirements and future-oriented digital management arepart of our corporate philosophy.

In the HIH Group, 868 real estate experts at nine locations manage properties and investments throughout their lifecycle with dedication, reliability and motivation. Our clients benefit from the comprehensive service range, quick decision-making and close cooperation between departments.
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The HIH Group

26. July 2023

HIH Invest Acquires Day Nursery in Bremen


HIH Invest Acquires Day Nursery in Bremen

  • Sold by developer BSB Baubetreuung und Bauträger GmbH
  • Property development slated for completion by Q3 2024
  • Pre-let to the Drachenkinder German-Chinese day nursery for 25 years
  • 17th asset for the “HIH Zukunft Invest” fund

Hamburg, 26 July 2023 – HIH Invest Real Estate (“HIH Invest”) just acquired a new day nursery (daycare centre) for its “HIH Zukunft Invest” open-ended institutional fund, this one being located in Bremen. The property development was sold by its local developer, BSB Baubetreuung und Bauträger GmbH. Pre-let to the Drachenkinder non-profit sponsor on a 25-year lease plus a five-year renewal option, the premises will house a German-Chinese day nursery.

The building, which will feature ground, first, and attic floors, will be raised in solid construction on a plot of about 1,500 square metres. Its completion is scheduled for the third quarter of 2024. Nearly 1,200 square metres of net internal area provide enough space to accommodate six groups of children, thereof three nursery groups of ten spots each and three daycare groups of 20 spots each. In the outdoor area of about 1,000 square metres, play areas will be installed for the children while another play area of 140 square metres will be created on the roof terrace. The acquisition of the property development will be entirely equity financed. With the other property developments that have been secured by sale-and-purchase agreements included, the daycare centre in Bremen will be the seventeenth asset to be added to the portfolio of the “HIH Zukunft Invest” fund. Its transfer of ownership will bring the fund’s real estate assets up to total of c. 86 million euros.

The energetic master plan of the new building is based on the requirements of the KfW Efficiency House 40 standard. Planned measures toward this end include a ventilation system with 80-percent heat recovery and a roof-mounted photovoltaic system that includes a dedicated electricity storage.

“There is massive pent-up demand for day-care spots for toddlers below the age of three and for children between three and six years of age in Bremen. The caregiving needs are particularly urgent in the Mittelshuchting district where the property is located. The residential quarters of up to 160 apartments that are planned in the immediate vicinity will further increase demand,” commented Jens Nagelsmeier, Head of Transaction Management Retail & Healthcare at HIH Invest.

Huchting, a residential district with a large number of green areas, is located around six kilometres away from downtown Bremen, and has convenient access to inbound and outbound transportation. Public transport access will include the S1 and S8 rapid transit lines, to be developed by 2024.

The “HIH Zukunft Invest” Article-8 fund is still in its investment phase. The fund focuses on educational facilities like day nurseries, schools, and academic buildings in fast-growth cities and metro regions in Germany. The fund has a targeted volume of at least 100 million euros, and may use up to 50 percent leverage on the portfolio level.

The legal and tax due diligences for this transaction were conducted by the law firm of Heuking Kühn Luer Wojtek in Hamburg. Consulting Partners Hamburg (CPH) was responsible for the technical pre-acquisition audit.

“There is massive pent-up demand for day-care spots for toddlers below the age of three and for children between three and six years of age in Bremen. The caregiving needs are particularly urgent in the Mittelshuchting district where the property is located. The residential quarters of up to 160 apartments that are planned in the immediate vicinity will further increase demand.” Jens Nagelsmeier, Head of Transaction Management Retail & Healthcare HIH Invest Real Estate

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12. July 2023

HIH Invest Acquires Day Nursery in Leipzig


HIH Invest Acquires Day Nursery in Leipzig

  • Acquisiton for “HIH Zukunft Invest” Fund
  • Standing property with over 1,600 square metres of lettable area
  • Long-term lease signed with Johanniter-Unfall-Hilfe charity

Hamburg, 12 July 2023 – HIH Invest Real Estate (“HIH Invest”) acquired another day nursery (daycare centre), this one located in Leipzig, for its “HIH Zukunft Invest” open-ended institutional fund. The twostorey property at Clara-Wieck-Strasse 9 provides 1,638 square metres of lettable area to accommodate 165 children, thereof 28 in the crèche section and 117 in the preschool section. In addition, after-school care places for school children of up to ten years of age are available in the afternoon. The outdoor area covers about 1,800 square metres on a plot of 3,134 square metres.

The day nursery at Clara-Wieck-Strasse 9 is located directly next to another day nursery, located at Stöckelstrasse 37-41. The latter belongs to the portfolio of the “HIH Zukunft Invest” fund as well. The association sponsoring both facilities is the Johanniter-Unfall-Hilfe e.V., the national charity of the Order of St John in Germany. The lease agreement of the property just acquired will run for a remaining term of well over 15 years.

“The acquisition gives us the chance to invest in a day nursery that, while well-established, is still rather new, and that exploits synergy effects as it collaborates with the day nursery on Stöckelstrasse,” commented Jens Nagelsmeier, Head of Transaction Management Retail & Healthcare at HIH Invest. “Both facilities are located in a densely populated residential area in the Schönefeld-Abtnaundorf district in one of the fastestgrowing cities of Germany. Leipzig’s brisk demographic growth is expected to continue through 2035. As a consequence, day-care spots for children are very much in demand.”

This latest acquisition brings the portfolio of the “HIH Zukunft Invest” Article-8 fund, which is still in its investment phase, up to 17 assets. The fund focuses on educational facilities like day nurseries, schools and academic buildings in fast-growth cities and metro regions in Germany. The fund has a targeted volume of at least 100 million euros, and may use up to 50 percent leverage on the portfolio level.

The legal and tax due diligences for this transaction were handled by the law firm of Heuking Kühn Luer Wojtek in Hamburg. Consulting Partners Hamburg (CPH) was responsible for the technical due diligence..

“The acquisition gives us the chance to invest in a day nursery that, while well-established, is still rather new, and that exploits synergy effects as it collaborates with the day nursery on Stöckelstrasse. Both facilities are located in a densely populated residential area in the Schönefeld- Abtnaundorf district in one of the fastest-growing cities of Germany. Leipzig’s brisk demographicgrowth is expected to continue through 2035. As a consequence, day-care spots for children are very much in demand.” Jens Nagelsmeier, Head of Transaction Management Retail & Healthcare HIH Invest Real Estate

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20. June 2023

HIH Invest acquires clinic for healthcare fund


HIH Invest acquires clinic for healthcare fund

  • Telos Clinic Liblar (North-Rhine Westfalia) comprising 3,500 square meters of rental space
  • New building under energy Standard KfW-40-Plus with PV system, heat recovery and -pumps
  • 25-year lease agreement with Systeam GmbH & Co. KG
  • Second purchase for Article 8 fund “HIH Vita Invest”

Hamburg, 20 June 2023 – HIH Invest Real Estate (HIH Invest) has acquired Telos Clinic Liblar for its open-ended special AIF "Vita Invest". The new-build core property at Radmacherstraße 83 in the Liblar district of Erftstadt in North-Rhine Westfalia, Germany, comprises approximately 3,500 square meters of total leasable space. It features three above-ground floors with 62 rooms and a total of 68 beds, as well as 21 car parking spaces. The specialist clinic for addiction disorders, which opened in April, was built as an efficiency house to the KfW-40-Plus standard and with corresponding KfW funding: Among other things, a ventilation system with heat recovery and heat pumps as energy generators ensure that the energy consumption data are 60 percent below the requirement value for new buildings. A photovoltaic system on the roof is available for power supply.

With the sole tenant Systeam GmbH & Co. KG, there is a 25-year lease agreement including a green lease- and transparency clause in terms of consumption data and carbon footprint. Systeam has already been the operator of the predecessor facility in Liblar since 1994 and is also responsible for two similar facilities in Rhineland-Palatinate, as well as a health center with a German-wide network of consultants.

"Through the long-term lease agreement, we generate a secured cash flow for the fund. The clinic is designed for extensive treatment periods of six months on average, which, together with occupancy and supply contracts from the pension insurance and health insurance funds, ensures a high degree of planning security. Another big plus for the new clinic is that it brings its specialist staff with it from the previous facility," says Henriette Benassi, Head of Transaction Management Social & Healthcare at HIH Invest.

The location scores with good local amenities, connections to public transportation and the B 265 highway. 116,000 people live in the catchment area of up to a 15 minutes’ drive. The cities of Cologne, Bonn, and Düsseldorf can be reached by car in less than an hour.

For the Article 8 fund "HIH Vita Invest", this is the second property purchase after the health center in Michendorf near Potsdam. The special AIF targets new buildings or as-new existing buildings throughout Germany, which are leased long-term to operators with strong credit ratings. The focus lies on medical facilities, outpatient forms of care, and senior living. The target volume of the fund is 200 million euros at the least, of which up to 50 percent is debt capital on a portfolio basis. Investors can participate from five million euros.

"With the HIH Vita Invest fund, institutional investors have the opportunity to participate in the growth areas of assisted living, outpatient forms of care, and medical facilities. An important advantage of this segment is its independence from short-term market and economic fluctuations. Increasingly, private capital is needed to meet the additional demand for senior living and treatment places. At the same time, HIH Vita Invest offers the opportunity to cover various ESG aspects when investing," says Carsten Demmler, Managing Director of HIH Invest.

The legal and tax due diligence was carried out by the law firm Taylor Wessing from Düsseldorf. Consulting Partners Hamburg was responsible for the technical and ESG due diligence. Drommel Immobilien from Weitersburg was responsible for the brokerage of the property.

“Through the long-term lease agreement, we generate a secured cash flow for the fund. The clinic is designed for extensive treatment periods of six months on average, which, together with occupancy and supply contracts from the pension insurance and health insurance funds, ensures a high degree of planning security. Another big plus for the new clinic is that it brings its specialist staff with it from the previous facility.” Henriette Benassi, Head of Transaction Management Social & Healthcare HIH Invest Real Estate

“With the HIH Vita Invest fund, institutional investors have the opportunity to participate in the growth areas of assisted living, outpatient forms of care, and medical facilities. An important advantage of this segment is its independence from short-term market and economic fluctuations. Increasingly, private capital is needed to meet the additional demand for senior living and treatment places. At the same time, HIH Vita Invest offers the opportunity to cover various ESG aspects when investing.” Carsten Demmler, Managing Director HIH Invest Real Estate

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