Threestones Capital has completed the purchase of 3 healthcare facilities in Germany. The 3 assets are located in Holzwickede, Gartenstadt and Kurlerstrasse (North Rhine-Westphalia) and are operated by Alloheim under a long term lease agreement. This acquisition adds 254 beds to existing portfolio of TSC EUROCARE Real Estate Fund, investing in care homes and senior housing properties across Europe, now composed of 39 properties (4300 beds). The purchase price was not disclosed.
Threestones Capital is a Luxembourg based regulated Investment management boutique and Alternative Investment Fund Manager with more than €1.6bn AUM. Threestones pioneered European Healthcare real estate and is a leading investor in the sector for more than 10 years, with a particular focus on care homes and senior housing. Alloheim, one of the main player in the market, has grown continuously - by building its own residences or taking over existing houses that match our quality and service profile. Alloheim offers high-quality care services for different age groups and assisted living for senior citizens.
