HIH Invest Real Estate acquired another day nursery (daycare centre), this one located in Leipzig, for its “HIH Zukunft Invest” open-ended institutional fund. The two-storey property at Clara-Wieck-Strasse 9 provides 1,638 metres squared of lettable area to accommodate 165 children. In addition, after-school care places for school children of up to ten years of age are available in the afternoon. The outdoor area covers about 1,800 metres squared on a plot of 3,134 metres squared.
The day nursery at Clara-Wieck-Strasse 9 is located directly next to another day nursery, located at Stöckelstrasse 37-41. The latter belongs to the portfolio of the “HIH Zukunft Invest” fund as well. The association sponsoring both facilities is the Johanniter-Unfall-Hilfe e.V., the national charity of the Order of St John in Germany. The lease agreement of the property just acquired will run for a remaining term of well over 15 years.
Source: hih.de on the 12th of July 2023
https://hih.de/en/wpfb-file/2023_07_12_pr-hih_acquisiton-day-care-leipzig_de-pdf/