Announced

Completed

Captiva Investment Management completed the acquisition of Medical Center Düsseldorf from Tristan and DW Real Estate.

Synopsis

Captiva Investment Management, a real estate investment firm, completed the acquisition of Medical Center Düsseldorf, a medical center, from private equity firm Tristan and real estate investor DW Real Estate. Financial terms were not disclosed. “We are very pleased to have successfully positioned our second fund in the healthcare real estate sector since 2018 and to have invested a total of around EUR 800 million in hand-picked properties in this sustainably attractive segment. The current fund is very well diversified both geographically and in terms of income with more than 120 tenants in nine locations and, with an average remaining rental term of well over 10 years, has high, long-term income stability," Stephan Fritsch, Captiva Managing Director.

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