The Cureus portfolio continues to grow - c. 870 new care places created in Q3 2021
In addition, Cureus currently has approx. 4,470 care places, 1,190 serviced housing units and 30 other units in planning. All of these projects in planning have already been notarized.
bulwiengesa care home real estate market study to be published on 5 October 2021
In collaboration with bulwiengea, Cureus will be publishing the "Analysis and Future Prospects of the German Care Home Real Estate Market" study on October 5, 2021. Publication will be accompanied by an online press conference. In addition to presenting general demographic trends, the study also represents the first in-depth examination of the care home real estate market in terms of existing and new construction. The study will be available for download at www.cureus.de/marktstudie.
Details of the projects started and completed in Q3 2021
On 7 July 2021, Cureus started construction of a senior residence with 126 modern care places in Melle (Lower Saxony) for the operator Lavendio. The residence is scheduled for completion and handover as early as fall 2022. Project details.
Cureus also broke ground on the Mea Fortuna life and health centre for WH Care in Drochtersen (Lower Saxony) in July 2021. The new senior residence with 96 care places will be built in the new Kehdinger Heimat construction area by the fall of 2022. Project details.
On 19 August 2021, work started on the construction of a Curavie senior residence in Sundern-Amecke (North Rhine-Westphalia). The new care home will comprise 80 care places and is being developed to the latest standard for completion in early 2023. Project details.
In Porta Westfalica-Barkhausen (North Rhine-Westphalia), construction of a senior residence with 112 inpatient care places and an outpatient assisted living group with 10 places commenced at the start of September 2021. Completion is scheduled for the beginning of 2023. Project details.
The groundbreaking ceremony for the Wohncarr?e Hansemannstra?e in Dortmund-Oestrich (North Rhine-Westphalia) also took place at the start of September 2021. The new care home will comprise 84 care places, 15 serviced apartments and an outpatient day care facility with 18 places. Completion is expected by the first quarter of 2023 with Belia Seniorenresidenzen already confirmed as the residence's future operator. Project details.
At the end of the quarter, Cureus started construction of a Libento senior residence in Solingen (North Rhine-Westphalia) with 80 care places, 70 community living places and 18 outpatient places. The care home's two buildings are set to open to residents in the first quarter of 2023. Project details.
In M?nchengladbach (North Rhine-Westphalia), a Belia senior residence was completed and handed over on September 1, 2021. The new facility has 80 care places and is scheduled to open to residents in October 2021. Project details.
With Libento Seniorenresidenz Wuppertal (North Rhine-Westphalia), 80 additional care places have been completed at the end of September 2021. The opening by the operator will also take place in October 2021.
All care homes designed and built according to the Cureus system approach
All projects are designed and built in accordance with the Cureus standard for system care homes. This standard is based on exacting and uniform quality standards and is oriented to the needs of all stakeholders, including care home operators and residents. Care homes built to the Cureus standard are optimised in all respects. This concerns, for example, the size and arrangement of rooms to optimize space and walkways. Cureus care homes are also designed and equipped for maximum utility: interior corridors benefit from as much daylight as possible, every room has floor-to-ceiling windows that provide attractive views of the surrounding area, and the modern bathrooms and window fronts follow the same standardised system approach. Each complex's architecture and facade incorporate individual touches and are constructed to the highest quality standards, integrating seamlessly into their surroundings. Th Cureus system approach also prioritises sustainability, both in terms of a care home's long-term economic viability and its impact on the environment. All Cureus care homes are, for example, constructed in accordance with the KfW 40 energy-efficiency standard, while the bulk procurement of floor coverings or elevator systems, for example, ensures cost synergies and long-term maintenance contracts covering several properties also reduce costs for care home operators. The constant review and optimisation of the Cureus system care home standard guarantees the construction of care homes that truly meet demand.
Images 1.?Image title: Christian M?hrke (COO) and Gerald Klinck (CFO), Cureus,?.Download here.,?Copyright: Heribert Schindler2.?Image title: Visualisation Senior Residence Solingen, North Rhine-Westphalia, a project of Cureus GmbH,?.Download here.,?Copyright: Arne von H?rsten3.?Image title: Visualisation Senior Residence Porta Westfalica-Barkhausen, North Rhine-Westphalia, a project of Cureus GmbH,?.Download here.,?Copyright: Plan & Bauwerk (Winsen/Aller), Jan von H?rsten
About Cureus GmbH
Cureus GmbH is based in Hamburg and is one of the leading integrated property companies in the German care home sector with more than 15 years of experience and a team of c. 130 employees developing and managing properties for the Cureus portfolio. Cureus has developed an innovative new standard for full inpatient care and assisted living facilities, which can be implemented as a scalable, location-agnostic solution. Aligned to both current legislative requirements and the needs of operators and residents, the senior residences and care homes developed by Cureus GmbH establish new, uniform standards and represent a highly efficient product that combines greater cost effectiveness in care with improved quality of living and service.
The company's care home portfolio consists of 40 leased properties with 3,901 care places and 237 assisted living units. In addition, Cureus currently has 35 projects under construction and 62 secured projects scheduled for completion by 2025, which will add an additional c. 7,060 care places and 1,677 assisted living units to the portfolio. www.cureus.de/en
01.10.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de