Five Quarters Real Estate launches fund: Healthcare Infrastructure Deutschland 01
Hamburg, 14 February 2021 – Five Quarters Real Estate | 5QRE defies Corona by launching a fund: The Hamburg-based AIFM of Erik Beets, Georg zu Stolberg and Peret Bergmann launches its latest product in times dominated by the topic of health – appropriately enough, a fund for healthcare infrastructure.
The fund combines a broad range of healthcare infrastructure: not only nursing homes or assisted living, but also therapy centres and medical centres in German major and medium-sized cities. “Especially combined concepts at one location will complement and strengthen the properties in the long run,” Peret Bergmann explains the core strategy of the AIF for institutional investors.
The fact that healthcare properties perform independently of economic market cycles is once again evident in the current crisis. Erik Beets does not want to rely only on newly developed projects: “We focus on modernised existing properties that have already proven themselves on the market and therefore generate a solid return immediately.” 5.0 to 5.5 % distribution yield is the target.
With this approach, 5QRE wants to attract those investors for whom solidity and sustainability are particularly important – and has already done so: The first capital commitments have already been given, so that the assessment for some of the properties in the well-filled pipeline has already started. Initial acquisitions are to be realised this quarter.
Five Quarters doesn’t handle the project on its own: it has enriched its know-how with the expertise of TSC Real Estate, which is known to have more than 15 years of experience in the healthcare real estate market.. “Particularly in these difficult times, clients want maximum reliability and security,” is Bergmann’s experience from discussions with investors. “This is something we can offer even better in this combination.” The roles in the team: 5QRE focuses on managing the fund and servicing the investors, while TSC looks after the management of the assets. Both are responsible for the successful implementation of the fund’s strategy.
“Corona currently makes visible how important a good healthcare infrastructure is and will be for our society,” Beets looks to the future, while Georg zu Stolberg quotes the official figures from the Federal Statistical Office: “In 2030, we will have over 20 percent more senior citizens than today – so the need for good care is growing rapidly. And this is the case across all healthcare facilities.”
However, this development is not the only thing that 5QRE derives for itself and its investment approach. “It is important to offer investment opportunities that also endure in challenging times and, wherever possible, make a positive contribution to society as well”, Bergmann explains. Another fund product is almost ready to be launched. However, the three founders do not yet want to reveal what it will be about …
ABOUT FIVE QUARTERS REAL ESTATE | 5QRE
Five Quarters Real Estate | 5QRE is a real estate company (AIFM) for institutional investors that is headquartered in Hamburg. Founded in 2019 by experienced experts from the industry, Five Quarters Real Estate offers Europe-wide access to transactions in the areas of healthcare, housing, work, local supply as well as customised and individualised concepts. 5QRE has a leading market position through the comprehensive use of digital analysis, forecasting and reporting tools. The Federal Financial Supervisory Authority (BaFin) has granted Five Quarters Real Estate AG permission to operate as an AIF capital management company. Thus, Five Quarters offers its clients the highest regulatory level of security.