05 Apr Threestones Capital Acquires an Assisted Living Facility in Timmendorfer Stand, Germany for TSC Fund – Eurocare IV
Luxembourg, April 2025 – Threestones Capital is pleased to announce the acquisition of an assisted living facility located in the municipality of Timmendorfer Strand, in the federal state of Schleswig Holstein for its TSC Fund – Eurocare IV investment vehicle.
The property was constructed in 1986 and offers an idyllic atmosphere. Located right next to a woodland setting and 800 m away from the Baltic Sea beach, it offers an appealing surrounding for elderly care and assisted living. The property is an assisted living facility with 154 apartments, with a total lettable area of 11,468sqm and managed by Clariane, a European leader in elderly care and healthcare services.
The property was constructed in 1986 and offers an idyllic atmosphere. Located right next to a woodland setting and 800 m away from the Baltic Sea beach, it offers an appealing surrounding for elderly care and assisted living. The property is an assisted living facility with 154 apartments, with a total lettable area of 11,468sqm and managed by Clariane, a European leader in elderly care and healthcare services.
“The high-quality assisted living facility in a prime location represents a strong addition to the TSC Fund – Eurocare IV portfolio and enhances its diversification.”
Threestones was advised by K&L Gates (legal), Savills (valuation), Gleeds (technical) and TSC Real Estate Germany (advisor).
