Category: IMMAC

The special AIF invests in care property with value appreciation and stable cash flow in the fast-growing Irish healthcare market.
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The company is thus following its holistic claim of a clear information policy for business partners, customers and employees of the Group. (more…)

Positive development of target investments enables retroactive special distribution. (more…)

The aim is to further drive CO2 reduction in the company and ensure ESG compliance.

As part of its ESG strategy, IMMAC recently signed up for membership of the “ECORE – ESG Circle of Real Estate” initiative. In this way, IMMAC aims to further advance CO2 reduction and ensure the ESG compliance of the company and its fund products in the future.

ECORE initiative aims to establish a uniform standard of analysis in the real estate industry to make sustainability in real estate portfolios transparent, measurable and comparable.

For this purpose, the sustainability scoring “ECORE” was developed, a tool that supports the user in achieving climate protection targets for the real estate portfolio and communicating them transparently to the outside world.

The ECORE scoring combines all regulations, laws, ordinances and the ESG criteria. This also includes the required taxonomy guidelines of the EU’s Action Plan of Sustainable Finance, whose compliance and implementation must be ensured in particular also for the financial years starting in the second half of 2013. The IMMAC Group has also identified a number of open-ended alternative investment funds that are highly relevant for the first quarter of 2022.

“With our new open-ended fund product, we will be able to offer attractive and green investments in the fast-growing health and social care real estate sector. The ECORE scoring provides us with significant support in this respect,” says Thorsten Seher, Managing Director and Head of Portfolio Management Institutional Funds at HKA Hanseatische Kapitalverwaltung GmbH, a wholly owned subsidiary of the IMMAC Group.

“ECORE is a very useful tool for us as a fund issuer as well as a property portfolio holder. The standardised data query allows comparative values to be drawn from other properties. At the same time, it also serves to take stock of our own portfolio and to monitor the company’s internal progress with regard to our ESG strategy,” explains Cita Born, ESG Officer of the IMMAC Group.

 

IMMAC published its new ESG strategy in December 2021 with information on sustainability initiatives until 2040. The ESG brochure “IMMAC Group Sustainability Strategy” is available under the following link.

Since December 2021, the reforestation campaign IMMAC PLANT FOR BEDS has been active and is an integral part of the company’s internal ESG strategy. IMMAC has already planted 289 trees so far.

IMMAC PLANT FOR BEDS is based on cooperation with the climate protection initiative PLANT-MY-TREE®, which carries out reforestation projects throughout Germany. These include initial afforestation, forest conversion and forest protection on mainly own land for CO2 reduction.

Together with PLANT-MY-TREE®, IMMAC has developed the IMMAC PLANT FOR BEDS campaign, in which a tree is planted for every new nursing care bed and living unit built in the healthcare portfolio.

IMMAC has already planted 289 trees with IMMAC PLANT FOR BEDS on the sites of the existing properties in Bückeburg, Mechernich and Lengede, which will be completed in 2021. And the initiative has only just started: About 150 trees will be added this year according to current construction plans.

Climate-damaging CO2 leads to a rise in temperature that endangers the entire ecosystem. Planting trees binds CO2 and thus reduces emissions. A beech tree that has grown to a height of 23 metres, for example, stores one tonne of CO2 in the course of its 80-year life. This means that about 80 trees would have to be planted in order to compensate for one tonne of CO2 per year.

Cita Born is the ESG Officer of the IMMAC Group and responsible for the management and implementation of all ESG measures within the group. IMMAC PLANT FOR BEDS is the first of many measures to be launched this year.

“Climate protection begins in small steps. By means of IMMAC PLANT FOR BEDS, we are also actively driving forward the reduction of our carbon footprint and at the same time promoting the reforestation of our local forests,” explains Cita Born.

In addition to IMMAC PLANT FOR BEDS, the ESG strategy of the IMMAC Group published in December 2021 currently defines a further 40 internal company measures for active climate and environmental protection until 2040. This includes actions that contribute to the promotion of digital processes, optimised employee management and the reduction of CO2 emissions.

 

ESG in the IMMAC Group

IMMAC is a leading investment company for real estate in the healthcare sector. The Group, which was founded more than 25 years ago, invests in nursing homes, clinics and retirement homes. With its subsidiaries – IMMAC Sozialbau GmbH and IMMAC Wohnbau GmbH as property developers. as well as the specialist for hotels, residential and infrastructure projects DFV Deutsche Fondsvermögen GmbH – the IMMAC Group has so far invested around 2 billion euro in existing and new properties. The properties were mainly built and acquired as investments for special or public funds. IMMAC operates in Germany, Austria and Ireland.

In December 2021, IMMAC published its new Group-wide ESG strategy with information on sustainability initiatives until 2040. For the implementation of the current 41 measures, “business units” were established within the Group. These are the Group, Construction, Acquisition, Portfolio and Fund Product units. An overarching ESG management team under the leadership of Cita Born, ESG Officer of the IMMAC Group, is responsible for the control and holistic implementation in the departments.

The ESG brochure “IMMAC Group Sustainability Strategy” is attached and can also be downloaded directly from the following link.

Further information: www.immac.de/sustainability

As ESG Officer, Cita Born is responsible for the holistic implementation within the company.

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The IMMAC ESG project team worked for almost ten months on defining a group-wide ESG strategy with the aim of aligning the IMMAC Group with the sustainability goals and establishing it as a fixed component within the company. The focus was on the intensive evaluation of the 17 Sustainable Development Goals (SDG’s) of the United Nations Agenda 2030, for the Group.

Finally, at the end of November 2021, the long version of the ESG strategy, which was prepared under the leadership of Cita Born, was finally signed off by the management, executive board and supervisory board of IMMAC Holding. This currently defines 41 internal measures. This includes actions that contribute to the reduction of CO2 emissions, the promotion of digital processes and optimised employee management.

“Throughout the adoption of the ESG strategy for the IMMAC Group, we have taken another big step towards sustainability,” explains Cita Born, Head of IMMAC research and also ESG Officer of the IMMAC Group since October 2021.

For the implementation of ESG measures, “business units” or project teams were established within the Group. These are the Group, Construction, Acquisition, Portfolio and Fund Product units. An overarching ESG management team led by Cita Born is responsible for steering and continuous implementation in the departments.

For the first time since its foundation in 1997, IMMAC now also publishes a short version of its ESG strategy with information on sustainability initiatives for the period up to 2040. The IMMAC-ESG brochure “IMMAC Group Sustainability Strategy” is available for download at this link.

At this year’s ALTENHEIM EXPO 2020 SPEZIAL, the IMMAC group was awarded “Investor of the Year”.

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On 27 August 2018, Germany’s Financial Supervisory Authority (BaFin) approved the sales activities of IMMAC Irland Sozialimmobilien I Renditefonds GmbH & Co. KG geschlossene Investmentkommanditgesellschaft.

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As of 01 June 2018, Stephen Gallagher has been in charge of property acquisitions in Ireland on behalf of the IMMAC group in his new role as Director of IMMAC Capital (Ireland) Ltd.

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