Berlin, 7th November 2017

HPBA brokers nursing home transaction worth 8.3 million euros

HPBA, Germany’s leading off-market specialist, has brokered an 8.3 million euros property transaction in the nursing home sector. AviaRent Capital Management S.à.r.l. has acquired the property for its CareVision III fund. The property, Haus St. Georg, is located in Buchholz, about 20 kilometres south of Hamburg. The operator is GIOMI Senioren-Residenz St. Georg GmbH. The three-storey building was built in 2000 and offers 70 inpatient nursing places, including 48 single rooms and eleven double rooms.

About HPBA Real Estate Solutions:

HPBA Off-Market Solutions is one of the very few German transaction experts that specialises in off-market deals. HPBA has managed major transactions worth more than 3 billion euros. HPBA accompanies and advises family offices, private and institutional investors when buying or selling single properties or portfolios of all usage types. The company encompasses both the transactions of single properties, as well as nationwide portfolios and complex deals in the form of joint ventures or mergers & acquisitions. The company’s founder, John Amram, and his team, draw on years of experience and extensive expertise in the field of real estate investment. The company was founded in 2009.

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