Warburg-HIH Invest Real Estate has acquired a portfolio of four day-care centers from AUDERE EQUITY. The two-story properties are being constructed as part of a new development in Bremen, Germany.
One building is located in the Hemelingen district and houses six groups with a gross lettable area of 1,440 square meters (15,500 square feet), and the other is in the Huchting district, with eight groups across a gross lettable area of just under 1,130 square meters (12,163 square feet). The portfolio also features two fully renovated buildings in North Rhine-Westphalia: in Duisburg (five groups with gross lettable area of roughly 850 square meters/9,149 square feet) and in Moers (four groups with gross lettable area of 715 square meters/7,696 square feet). The properties will form part of the Warburg-HH Zukunft Invest open-ended special AIF. The four day-care centers are rented by their current operators under long-term rental agreements. The three centers in Bremen and Moers are
