Deutsche Healthcare Property, which is being set up by founder and CEO Hubert Bonn, has unveiled plans to launch an Initial Public Offering (IPO) on the German stock exchange in the spring of 2011. The company, which focuses on the management of healthcare properties, will seek a listing on the Prime Standard segment of the Frankfurt stock exchange. It would be the first German listed property stock corporation focussing on healthcare properties, Bonn said.

The company will invest in existing medical centres and multi-family houses as well as in new developments and nursing homes. It will primarily focus on the German metropolitan areas, with the first target markets being Berlin and the Rhein-Neckar/Stuttgart region. Deutsche Healthcare Property's activities will also include the conversion of office buildings to medical practices and centres.

'Deutsche Healthcare Property is a dedicated long-term asset manager,' said Hubert Bonn. 'Starting February 2010, I will meet selected institutional equity investors. I'm confident that investors will support first property acquisitions the months after.'

Hubert Bonn has been working in the real estate sector for over 10 years. Before creating Deutsche Healthcare Property, he worked for Deutsche Bank's RREEF group and Deutsche Wohnen. He holds a degree in Business Administration.