HIH Invest acquires childcare centre portfolio in Mannheim and Heidelberg

HIH Invest Real Estate (HIH Invest) has acquired a portfolio of three childcare centres in Mannheim and Heidelberg for its open-ended special fund, HIH Zukunft Invest. The properties, which collectively offer more than 2,600 square metres of rental space, were purchased from CASA TWO GmbH & Co. KG, a Mannheim-based developer specializing in kindergarten projects. All three centres are leased to HULii GmbH, the largest independent daycare provider in the Rhine-Neckar region, under 25-year agreements.

The first property, located at Konrad-Zuse-Straße 9 in Heidelberg’s Rohrbach district, was completed in 2024. It offers 749 square metres of rental space across two floors, accommodating up to 65 children. The building features a green flat roof and is connected to the city’s district heating network.

The second centre, situated at Hessische Straße 47 in Mannheim’s Waldhof district, was completed in early 2025. It provides space for up to 80 children across 1,009 square metres on the ground and upper floors. The building incorporates an air heat pump for heating and a rooftop photovoltaic system for electricity generation.

The third facility, at Gärtnerstraße 53-54 in Mannheim’s Neckarstadt-West district, is under construction, with completion expected in the second quarter of 2025. It will offer 864 square metres of space across three full floors and an attic, with partial electricity supply from a rooftop photovoltaic system and heating from the district network of MVV Energie AG.

With this acquisition, the HIH Zukunft Invest fund now holds 20 properties, primarily new constructions, and continues to expand its focus on educational facilities such as daycare centres, schools, and university buildings across Germany’s growth regions. According to Senior Fund Manager Thomas Christ, the fund targets stable cash flows and a predictable annual distribution yield of approximately 4.5%.

Legal and tax due diligence was handled by Heuking Kühn Lüer Wojtek in Hamburg, while CASE Real Estate in Stuttgart oversaw the technical review.