FUNDS

Core European Series (ICE)

Care Invest II

The INTERNOS CARE INVEST II fund will invest in a diversified real estate portfolio of specialist healthcare assets throughout Germany.

Care Invest II is a balanced, regionally diversified health property fund with long-term value stability.

The strategic focus is on health care, assisted living and other specialist health-related asset types, including rehabilitation clinics, psychology units, outpatient healthcare properties including gerontology and oncology, and medical care centres.

The size classes of the properties range between €7 – €20 million for real estate health care and assisted housing, and between €10 – €30 million for rehabilitation clinics and medical care centers. 60 – 75 % of the weighting is to be invested in real estate health care and residential properties.

The yield spread in comparison to other sectors, as well as the currently outstanding financing terms available, make the strategy of this fund particularly attractive. In the real estate health care sector, INTERNOS is already present and firmly anchored with long-term expertise. Our market presence and experience enable us to make targeted selections in the specialist health care sector.

RISK PROFILE

  • Core / Core+ 80%
  • Value-added 20%
  • Opportunistic 0%
MANAGER

INTERNOS Spezialfondsgesellschaft mbH

STRUCTURE

Real Estate AIF according to KAGB for institutional investors

ASSET-CLASS

Sector fund with the focus on real estate health care in Germany

INVESTMENT UNIVERSE

Germany

INVESTMENT STYLE

Core / Core + / value-added

INCEPTION / DURATION

Launch in 2018 with an indefinite term

PLANNED EQUITY

€150 million

PLANNED TOTAL INVESTMENT VOLUMES

Up to €300 million

GEARING

Max: 50%

TARGET LOT SIZE

€10 – €25 million

INITIAL TARGET RETURNS

6 % cash flow yield p.a. (10-year average), 6 % IRR

TOTAL EXPENSE RATIO (TER)

1.2 %

GEOGRAPHIES

Mathias Staudt - Fund Manager - Biography and contact details


Mathias Staudt

Fund Manager

As Head of the Care Invest I Fund, Mathias Staudt is responsible for the fund management of the vehicle as well as for transactions, asset management and external fundraising. Prior to Internos, Mathias worked at OPC, a specialist healthcare advisor for care homes, rehabilitation clinics and hospitals. At OPC, Mathias worked as a consultant advising one of Germany’s largest care home funds with 46 properties and a portfolio volume of €460m – in parallel he acted as interim manager to two rehabilitation clinics and a care home in the ownership of international and national institutional clients.
Mathias studied law at Bonn University. Post University he commenced legal clerkship at the court of Bonn with secondments to the tax office in Leverkusen, financial court in Cologne and a law firm in Verona, Italy. Following clerkship, Mathias joined a specialist healthcare investor in Dusseldorf.


Phone: +49 (0) 69 50 50 66 90

Email: Mathias.Staudt@InternosGlobal.com

INTERNOS Spezialfondsgesellschaft mbH
www.internosglobal.com
OWNER MANAGED – INDEPENDENT – INTERNATIONAL
Phone: +49 (0) 69 50 50 66 90 Fax : +49 (0) 69 50 50 66 929

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