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.
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.
Profunda Vermögen GmbH signed as term sheet with the Zurich-based Arundel AG concerning a reverse merger of Arundel, IMMAC Holding AG and HKA Hanseatische Kapitalverwaltung AG that will be effective as of 29 March 2018.
The Hamburg-based IMMAC group just acquired three inpatient care centres in Dublin along with their operation by the Beechfield Group. The transaction kicks off what is to become a long-term commitment by IMMAC in Ireland. The basis for the new international commitment was an extensive survey by the IMMAC Research team in Hamburg.