Germany
Cofinimmo launched its activities in healthcare real estate in Germany in 2014 with the acquisition of a rehabilitation clinic located in Baden-Baden. Since then, the group has extended and diversified its portfolio which now amounts to approximately 892 million EUR (as at 31.03.2025) and consists of nursing and care homes, rehabilitation and psychiatric clinics, as well as assisted-living facilities. In 2020, the group took an important step forward in Germany by signing an agreement to acquire and develop nine eco-friendly healthcare campuses. The development of healthcare campuses combining a diversified offer of healthcare services with a wide range of residences is a valuable new trend within the sector.
Portfolio fair value
(million EUR)
892
Occupancy rate
(%)
97.7
Average residual lease length (years)
19
Operational sites
59
Project in the spotlight
NURSING AND CARE HOME AZURIT LEIPZIG
This newly built site is located in a residential area which counts several community gardens. The building is easily accessible due to its proximity to several bus stops and a train station. It offers 132 beds spread over a surface area of almost 7,200 m². Thanks to the good orientation of this compact new construction and external sun blinds, the building requires minimal heating and cooling energy. Excellent energy performance is achieved through the use of natural light and LED lighting, which resulted in a BREEAM Very Good certification. Moreover, the building is connected to the district heating system making it free of fossil fuels. Finally, to promote sustainable mobility, the building is equipped with bicycle parking spaces and charging stations for electric vehicles.