Mayer Brown advised AIF Capital Group, a specialist in regulated alternative investment funds, on the acquisition of three care facilities in Lübeck, Sulzbach and Wetzlar for the open-ended healthcare fund AIF Fürsorge I. The seller is a joint venture of AG Real Estate of Brussels (Belgium) and Cardif Lux Vie in Luxembourg. The parties have agreed not to disclose the purchase price.
The three care facilities in Hesse, Bavaria and Schleswig-Holstein from the so-called LaVie portfolio have a total capacity of 353 care places. The three properties have a total leasable area of around 20,300 m². All properties are leased to established operating companies on a long-term basis.
Mayer Brown regularly advises AIF Capital on transactions, particularly the acquisition of operator properties in the care sector.
The Mayer Brown Team was led by Real Estate partner Dr. Philipp Schaefer (Frankfurt) and included: senior associate Benjamin Felix Schulz (Frankfurt) and associate Maik Sebastian Lammers (Düsseldorf); Corporate & Securities counsel Dr. Malte Richter; Banking & Finance Partner Dr. Martin Heuber and associate Max Birk; Tax counsel Susan Günther and senior associate Kai Yan (all Frankfurt).