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Press Releases 2016

Frankfurt, 8March 2016 –INTERNOS Spezialfondsgesellschaft mbH (INTERNOS) has acquired two care home properties in the Hanover region, Germany for its special fundCare Invest I.The vendor is the Bremen-based developer Friedhelm Clasen, which has specialised in care facilities for more than 20 years.

Following this acquisition, Care Invest I now operates five care homes comprising 520 beds with a total value of 50 million Euros.

The properties include the AWO (Worker’s Welfare Association) home in Sehnde, a fully-occupied116-bed building which was constructed in 2005,and the Wohnpark Beethovenstrassein Springe, which comprises 96 beds and was completed in October 2015.

Both properties are in very good structural and technical condition and fit well into their respective local markets.The quality of accommodation in each is also appropriate to meet the needs of an ageing population, including features like specialist accommodation for residents with dementia area.

Mathias Staudt, Fund Manager Health Care at INTERNOS, commenting on future plans for the fund, said:“INTERNOS intends to continue acquiring property for the Care Invest I.For example,we have already signed preliminary contracts to acquire two developments and are currently in negotiation with other developers over the acquisition of four care properties in Baden-Württemberg, Hesse and Schleswig-Holstein.”

Care Invest I, which was launched in 2012, invests in development projects and recently built care homes.Targeted at institutional investors, it aims to invest 120 million Euro over the next two years.The Fund currently has five investors and is looking for properties with individual investment volumes between 6 and 15 million Euro.The fund has a long-term investment strategy and in the 2014/15 business year it achieved a cash-flow yield of 5.58%.

Company contact for further information:

Paul H. Muno
INTERNOS Global Investors Kapitalverwaltungsgesellschaft mbH
T +49 69 50 50 66 9 30

Company contact
Am Weser-Terminal 10 (WQ1)
28217 Bremen
T +49 421 960 36 20

Press contact for further information:

Jeremy Carey/ James Verstringhe
Tavistock Communications

+44 207 920 3150

Notes for editors

INTERNOS Global Investors (
INTERNOS Global Investors is a pan-European fund and asset-management platform, specialising in real estate.The owner-managed independent company develops strategic investment and management solutions for institutional investors involving property in all asset classes in Germany and Europe.In addition to its London headquarters, INTERNOS has offices in Frankfurt, Amsterdam, Paris, Lisbon, Luxembourg, Madrid and Milan.The company employs104staff.It manages more than 600 properties in a total of 11 countries. Internos currently has 3.5 bn Euro of assets under management.

The CL Group
The CL Group, of Bremen, and Dipl.-Ing. Friedhelm Clasen have developed 28 care facilities and sheltered housing complexes in the past.It is currently developing an additional care facility, with 125 beds and 15 day-care places, in the district centre of Wildeshausen, near Oldenburg. The construction period will be eight months.In a separate building, 25 sheltered apartments are under construction. They will be completed in March 2016, after a construction period of only six months.

Three other care and sheltered housing facilities are currently at the development stage.

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