The acquisition of the assisted living complex NIDO II was made as part of a forward deal for the Hamburg Team Wohnen 70+ fund, which specialises in housing for the elderly.
Raue had already advised HTIM in December 2019 on in the Buchholz district of Duisburg. The seller of NIDO II is a joint venture of the Duisburg-based Blankbau Group and the project developer GMP (Nordhorn). The completion of the residential complex is scheduled for the first quarter of 2023.

The property in a central city location of Duisburg comprises around 7,500 sqm of living space. Operator of the property with 109 residential units with an average size of approx. 60 m² for assisted living, a day care and a social care unit will be Procuritas Group.

Raue regularly advises HTIM on real estate transactions in the healthcare sector.

(19 January 2021)