Captiva buys medical centers in Cologne and Rostock for €20mn
Captiva has acquired a medical center on Böcking-Park in Cologne and a health center in Rostock-Südstadt. The two investments totaled about €20mn and were for the Captiva Gesundheitsimmobilien Deutschland 1 fund, which was launched in late 2017 and is now fully subscribed. The building in Cologne (Böckingstraße 54-56) was constructed in 1992 and modernized in 2017/18. It has about 1,420 sqm lettable space and 35 parking spaces and is leased long-term. The property in Rostock (Erich-Schlesinger-Straße) offers roughly 5,000 sqm lettable space and 88 parking spaces. The fund is managed by IntReal. The transaction was supported by Trûon Rechtsanwälte, Neuwerk Rechtsanwälte, Drees & Sommer, Watson Farley & Williams, and Arcadis.
Subscribers to our premium service have access to this article in full as well as to an additional 510,000+ news items: all filterable by topic, company, asset class, city or keyword. In TD Premium you can search for investment deals, leases, current project developments and company news with pinpoint accuracy.
TD Premium is Germany’s leading property information tool that interconnects news, transactions, project data, market and company information in a unique and flexible system.