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Nursing homes for the elderly, in Bavaria and selected federal states

BayernImmo KG supports BG Immobiliengruppe, an experienced project developer of nursing homes for the elderly based in Eichenau near Munich, in implementing selected projects as part of a cooperation based on equity contributions.

The first joint project, a center for senior citizens in Grasbrunn (Upper Bavaria) with 84 places and 5 apartments, was inaugurated in September 2010. The Arbeiter Samariter Bund (ASB), the operator, is an experienced company that will operate the facility under a long-term agreement.

The second nursing home for the elderly is in Krumbach (Swabia). Providing 88 places, 26 apartments, 27 assisted accommodation places, a single-group children´s crèche and day-care services, it was completed and inaugurated in cooperation with the Bayerisches Rotes Kreuz (Bavarian Red Cross) in July 2013.

Other joint projects are in the pipeline.

* BayernImmo 2010 / 2013