HIH Invest Acquires Educational Campus in Fellbach near Stuttgart

HIH Invest Real Estate has acquired the Bauknecht Forum in Fellbach, near Stuttgart, for one of its closed-end special funds. The seller was a subsidiary of Bauknecht Immobilien Holding AG. The fully let campus comprises 13,043 square metres of lettable space, 90 outdoor parking spaces, and is primarily used as a school and kindergarten.

The main tenants are Kolping Bildungswerk, which operates secondary, grammar, and vocational schools at the site, and SIS Swiss International School Germany, which serves around 450 children from kindergarten through secondary level. The property benefits from long-term rental security, with an average remaining lease term of more than 21 years.

The campus, located at Schmidener Weg 7 and Baumschulenweg 2, has undergone significant redevelopment. Originally constructed by household appliance manufacturer Bauknecht in 1930 and 1960, the buildings were converted into a private school campus in the early 2000s. Refurbishments were carried out in 2007 and 2009, and subsequent upgrades included retrofitting a photovoltaic system. In addition to the core property, tenants benefit from access to an adjacent sports hall and multi-storey car park, though these are not part of the acquisition.

The Bauknecht Forum is strategically located next to Fellbach’s regional and S-Bahn station, providing a direct connection to Stuttgart Central Station in 15 minutes. The site is also served by the town’s main bus lines. Fellbach, with nearly 50,000 inhabitants, borders directly on Stuttgart, adding to the campus’s accessibility and appeal.

“Investments in school properties not only offer stable and long-term cash flows, but also exceptionally high resilience to economic fluctuations,” said Alexander Eggert, Managing Director of HIH Invest. “The education sector is a systemically important area with continuous investment needs. For us, school properties combine social relevance, predictable income, tenant loyalty, and growing demand for modern facilities. They are a future-proof investment.”

Legal and tax due diligence was provided by Norton Rose Fulbright, with technical and ESG reviews carried out by Drees & Sommer. Colliers acted as broker for the transaction.