Swiss Life Asset Managers has acquired the Salutem Medical Clinic in Mannheim for its Swiss Life ESG Health Care Germany V fund. The seller and developer of the project was Erhard & Stern Group.
The property, located on Neckarauer Straße, offers approximately 11,000 sq m of leasable space and is currently around 93% occupied. It accommodates a range of medical services, including uro-oncology, radiology, laboratory services, orthopaedics, and rehabilitation therapies, alongside fitness and office uses.
The asset includes the Manfred Fuchs Clinic, a specialist centre for urological cancers within the Heidelberg-Mannheim university hospital network. The facility is equipped with digital operating rooms and robotic surgical systems designed for minimally invasive procedures, with expected annual patient volumes of more than 2,000.
Nikolai Schmidt said: “With the Salutem in Mannheim, we are acquiring an outstanding property with features unique in Europe. We would like to thank everyone involved for their excellent cooperation. The combination of cutting-edge medicine, state-of-the-art facilities, and a building concept consistently geared towards integrated care is an ideal fit for our strategy in the healthcare sector and expands our portfolio with a high-quality and modern property. We will remain active in the market in the coming months to achieve this goal.”
The building is designed to support a multi-tenant healthcare environment, with full accessibility across all floors and integrated parking facilities for patients and visitors.
This acquisition adds to Swiss Life Asset Managers’ existing presence in the Rhine-Neckar region, where it already holds a similar asset in Heidelberg.
The transaction and development process involved Swiss Life Asset Managers’ healthcare technical asset management team, with CBRE Turner & Townsend acting as technical partner and Peter Gross Hochbau Mannheim as general contractor.