Investing in care: New project The Bethany House” in Ireland

Investing in care: New project The Bethany House” in Ireland

The Immac Group today presented a new investment project in the healthcare real estate sector. With an investment volume of 18.8 million euros, there is a special AIF that invests in a nursing home in Ireland. This first action by the group in 2025 shows the trend towards strengthening investments in the healthcare sector.

The target group of this offer is professional and semi-professional investors who can participate in the project with a minimum investment of 200,000 euros plus 5 percent premium. The forecast distribution is 5 percent per year and can rise to up to 6 percent. The payment is made pro rata monthly over a period of 15 years.

Details about The Bethany House nursing home

The key property, “The Bethany House”, offers 90 care places and is characterized by high occupancy. The property is refinanced via the state “Fair Deal” system, which ensures a guaranteed stable income stream. An independent revaluation in April 2025 already showed an increase in value of around 13 percent compared to the purchase price. The nursing home is operated by Beechfield Care Group (BCG), a subsidiary of the Immac Group, which has over 45 years of experience in nursing home management.

Parallel to this development, the healthcare real estate investment market in Germany experienced a remarkable start to the year. In the first quarter of 2025, the transaction volume was 651 million euros, an increase of 238 percent compared to the first quarter of 2024, said CBRE. Particularly striking was the major transaction of a care portfolio in Hamburg, which was acquired by Vonovia for 380 million euros.

Market developments and outlook

A total of 400 million euros were invested in the nursing home segment, which represents an increase of 456 percent compared to the previous year. Prime yields for nursing homes have remained stable at 5.4 percent since the end of the first half of 2024. CBRE's analysis also shows growing demand for new buildings and core properties, while international investors only accounted for 16.2 percent of investment volume in the first quarter of 2025, a decrease of 26.3 percentage points compared to the same period last year.

The associated development of demand for outpatient healthcare properties also shows the limited product range. Given this positive market development, experts expect the transaction pipeline to remain strong again in 2025. It is predicted that the annual volume could exceed the billion euro mark for the first time.

In summary, healthcare properties continue to be considered an attractive investment in both Ireland and Germany. With stable returns and growing demand, the sector appears to offer promising prospects for investors.