Altavero Capital European Healthcare Opportunity Fund
Invest in the highly sought-after healthcare real estate sector
Target distribution post portfolio establishment
The Altavero Capital European Healthcare Opportunity Fund (HOF) focuses on investing in healthcare real estate across Europe, supporting the growing demand for modern healthcare facilities and infrastructure.
Overview
HOF is an open-ended real estate fund designed to build a portfolio of high-quality healthcare assets through repositioning and selective development. The strategy targets assets with strong underlying demand and long-term relevance within the healthcare sector.
The fund provides exposure to a defensive asset class, with a focus on stability, income generation, and potential capital growth over the medium term.
Focus on premium healthcare real estate assets across Europe
Build-to-core strategy with a structured approach to risk
Exposure to a defensive and supply-constrained asset class
Opportunities for income generation and long-term capital growth
Portfolio built through repositioning and selective development
| LOCATION | Metropolitan and Europe larger regional cities in Germany |
|---|---|
| TARGET EQUITY RETURNS* | Targeting 16-18%* total return with 4-6% distribution target post portfolio establishment |
| BORROWING | Targeted gearing of 50% LVR (max 60% at a portfolio level) |
| TERM | Open-ended with quarterly liquidity facility |
| FUND TYPE | Registered, open-ended unit trust |
| UNIT PRICING | Monthly |
| DISTRIBUTION | Quarterly |
| MINIMUM INVESTMENT | $50,000 |
| RESEARCH | Core Property rating : Recommended |
Investment Strategy
- Targeting high-demand healthcare real estate supported by long-term structural growth.
- Investing across development, value-add, and core-plus assets to balance risk and return.
- Ongoing asset management supported by strong operator relationships and risk-focused decision-making.
- Combining development capabilities with tenant and partner engagement to enhance asset performance.
- Access to a consistent flow of opportunities sourced through both on-market and off-market channels.
- Investment decisions supported by industry networks and operator insights.
Key Seed Assets

19-21 Mittelstraße, Frankfurt, Hesse
An off-market site acquired for the development of a mixed-use healthcare facility in a growing area of eastern Frankfurt. The project is planned as a four-story healthcare center of approximately 5,000 sqm, incorporating hospital services, specialist clinics, and supporting medical facilities, along with underground parking.
A long-term lease has been secured with a leading healthcare operator for a dedicated day surgery facility within the development.

20 Nelliestraße, Frankfurt, Hesse
Located approximately 7 km from central Frankfurt, this off-market healthcare development is positioned alongside an established medical hub. The project is designed as a mixed-use healthcare and lifestyle destination, with over 10,000 sqm of planned space.
The development is anchored by a major private healthcare operator under a long-term lease agreement, supporting future income stability and asset value.
Why Healthcare Assets?
Healthcare real estate is supported by essential demand, with services that are largely non-discretionary and less sensitive to economic cycles. This creates a foundation for stable income and long-term relevance within investment portfolios.
Across Europe, healthcare assets are typically backed by strong underlying demand, supported by public and private funding systems and long-term structural trends.
Key demand drivers for healthcare real estate in Europe
Aging Population
Increasing life expectancy and an aging population continue to drive demand for healthcare services and facilities.
Chronic Health Conditions
Rising prevalence of long-term health conditions is contributing to sustained demand for medical infrastructure.
Government & Institutional Support
Healthcare systems are supported by ongoing public and private investment, reinforcing sector stability.
Rising Healthcare Spending
Long-term growth in healthcare expenditure reflects increasing demand for services and infrastructure.
Recent trends in Europe healthcare
Shift to Outpatient Care
Growth in day surgeries and outpatient services is driving demand for modern, flexible healthcare facilities.
Mental Health Services
Increasing awareness and demand for mental health services are supporting sector expansion.
Private Healthcare Growth
Expanding private healthcare participation is contributing to increased demand for high-quality facilities.
Advancements in Medical Technology
Innovation in treatment and technology is reshaping how healthcare services are delivered, influencing facility design and usage.