The Fourth Augusta Syndicate - Investment in Germany

Company information:

Company incorporation date: October 2006
Investment term: Medium term
Minimum investment: €50,000 (Closed for Investment)
Investment rationale: Capital appreciation


This fund is in the exit process.

Nursing Home, Nienhagen (nr. Hanover), Germany

Nienhagen is located close to the cities of Hanover and Celle. The asset here is a nursing home that encompasses assisted living. Built in 1995, it was re-developed as a modern nursing home facility in 2005, covers 3,750m² and houses 65 beds. The plot has additional residential space.  Planning permission is being prepared for use of vacant site to build residential block which in the future could be used as assisted living residences.


  • The city of Hanover is the capital of the federal state of Lower Saxony (Niedersachsen) in the north west of Germany.
  • According to a recent census, Hanover has a population of 515,000.


The tenant and care home operator, Kursana, is part of the large Dussmann Gruppe. Kursana has over 108 locations and cares for over 12,000 senior citizens. There is a 10-year lease in place which expires at the beginning of 2016.

Lettable area : 3,750m² on a plot of almost 13,000m²


Nursing Home, Nienhagen (nr. Hanover), Germany

Nursing Home, Hohenlockstedt, Hamburg, Germany

Hohenlockstedt Is a nursing home located north of Hamburg . Housed in period building dating from 1911, it was extended and refurbished in 2001. It has a total of 99 beds, split between one- and two-bed rooms. Anderson Holding, nursing home operator and principle tenant since December 2011 have agreed to fully modernise the facility and expand the operation by a further 40 beds.  

Lettable area: 2,817m². The nursing home was acquired together with a plot to the rear, which can – with planning – be developed for extended care facilities.


The tenant is nursing home operator Anderson Holding, a multiple nursing home operator in Germany.