Specht Gruppe

What Specht Gruppe does

Specht Gruppe is a Bremen-based, family-owned real estate developer and care operator founded in 1988 by Rolf Specht, focused on senior care and assisted-living property across Germany. The group has developed more than 150 care properties since inception and operates 17-20+ stationary care facilities, approximately 600 senior apartments, ambulatory care services, and a new dementia-living concept through a network of wholly-owned subsidiaries (Specht Residenzen, Specht & Tegeler Seniorenresidenzen, Modern Care, Weser Pflegedienst, PflegeWohnen im Quartier, and Specht Immoverwaltung for property management). It also has an international service-living entity (Specht Group Italia in Tuscany and Turin) and employs 1,001-5,000 staff.

Name

Specht Gruppe

Legal name

Residenz Management GmbH

Website

https://spechtgruppe.de

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Specht Gruppe is a family-owned German care real estate developer and operator founded in 1988, developing energy-efficient senior residences and selling care apartments to private and institutional investors while running 17+ care facilities through its own subsidiaries.

Ownership category

akta.pro rank

Product category

Care Real Estate Development

NAICS

Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (62331), Assisted Living Facilities for the Elderly (623312), Nursing Care Facilities (Skilled Nursing Facilities) (62311)

SIC

Services-Nursing & Personal Care Facilities (8050), Real Estate Agents & Managers (For Others) (6531), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Independent Living Real Estate Owners/Operators (REITs & Management Companies) (HLADAAAG)

akta.pro secondary industries

Healthcare & Senior Housing Real Estate Asset Management (BPAJAMAH), Senior & Assisted Living Residential Property Management (BPAJAFAE), Housing & Placement Coordination (Assisted Living, Memory Care, SNF) (HSABAIAL), Senior Living & 55+ Community Brokerage (BPAJAAAH)

Keywords

• Care real estate development
• Senior care facilities
• Assisted living services
• Care property management
• Ambulatory care services

Headquarters

HQ city

Bremen

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Real Estate Development & Sales: The company develops care real estate projects and sells them to investors (private investors, Family Offices, institutional investors like Aedifica and Cofinimmo). Properties include senior residences, care apartments, and mixed-use developments.
2. Care Facility Operations: Through subsidiaries (Specht Residenzen, Modern Care, Weser Pflegedienst), the company operates more than 20 stationary care facilities, approximately 600 senior apartments, and ambulatory care services.
3. Senior Living Rentals: Rental of senior-appropriate apartments with basic services and optional care services (Betreutes Wohnen). Revenue generated through monthly rental income.
4. Capital Investment Products: Sale of individual care apartments as capital investments to private investors with 20-year rental agreements and returns of 3.75-5%.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels9 records

Core offering

Specht Gruppe develops, builds, sells, and operates care real estate (Pflegeimmobilien) and senior-friendly housing across Germany. Through subsidiaries including Specht Residenzen, Modern Care, Weser Pflegedienst, and Specht Immoverwaltung, the group operates stationary care facilities, ambulatory care services, senior apartments with services (Betreutes Wohnen), and provides property management, while also selling individual care apartments as capital investments to private and institutional investors.

Product overview

Specht Gruppe is a diversified real estate development and care services group operating a platform-plus-subsidiaries model. The core business develops and constructs care facilities and senior housing, while subsidiaries operate these facilities (Specht Residenzen, Specht & Tegeler), manage properties (Specht Immoverwaltung), provide mobile care (Weser Pflegedienst, Modern Care Gruppe), and offer alternative dementia care (PflegeWohnen im Quartier). The portfolio spans 150+ care properties across Germany with international expansion through Specht Group Italia, serving seniors through stationary care, day care, assisted living, and hospice services.

Differentiator

Problem solved

Functional benefit

Brands

• Specht Immoverwaltung: Property management specialized in care real estate
• Specht Residenzen
• Weser Pflegedienst
• Specht & Tegeler Seniorenresidenzen
• Modern Care
• PflegeWohnen im Quartier
• Specht Group Italia

Products and services

• Care Real Estate Development Project development and construction of care facilities and senior-friendly housing for institutional and private investors across Germany.
• Stationary Care Facility Operations Operation of 17+ stationary (inpatient) care facilities across Germany through subsidiaries Specht Residenzen, Specht & Tegeler Seniorenresidenzen, and Modern Care.
• Senior Living with Services (Betreutes Wohnen) Rental of approximately 600 barrier-free senior-appropriate apartments with basic services and optional care packages.
• Capital Investment Care Apartments Sale of individual care apartments as capital investments to private investors with 20-year rental guarantees and gross returns of 3.75-5%. Properties available include Hallthurm, Osnabrück, Wendeburg, Barenburg, and Cuxhaven premium apartments.
• Care Property Management Specialized property management and administration of care real estate through subsidiary Specht Immoverwaltung.
• Ambulatory Care Services Mobile nursing and outpatient care services with day care facilities at five locations in Bremen and Lower Saxony through Weser Pflegedienst.
• Dementia Senior Living Communities (PflegeWohnen im Quartier) Ambulatory supervised dementia living communities with day care services providing small, manageable living structures for people with dementia, based on the House Community Model centered around shared kitchens.

Quantifiable outcome

• 150+ care facilities developed since 1988 with no properties standing empty today
• +2 more outcomes

Named customers11 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

13 partnerships are on record, tiered minor and core.

• Deutsches Rotes Kreuz (German Red Cross)minorStrategic or Co-development Partner · 19 June 2025Transfer of Seniorenzentrum Garbsener Schweiz operations from DRK to Specht Gruppe as of August 2025. The property owner continues with Specht Residenzen as operator, ensuring continuity for residents and staff.
• Artemed KonzernminorStrategic or Co-development Partner · 15 January 2025Healthcare company with training school in Lilienthal. Partnership for nursing education with two trainees completing practical placements at Seniorenresidenz an der Oste in Sittensen since December 2025 as part of generalist nursing training.
• Kreissparkasse DiepholzcoreStrategic or Co-development PartnerPartnership for development of Sparkasse am Markt building in Neue Ortsmitte Brinkum. Kreissparkasse Diepholz will occupy new advisory center and corporate client center in the building.
• Diakonie HohenbrunnenminorStrategic or Co-development PartnerTestimonial from Vorstand Heike Winkler praising collaboration: 'Open, appreciative and constructive from the start. Solutions found at eye level with best possible results for both sides.'
• Haus WittenbergenminorStrategic or Co-development PartnerKneipp-certified care facility in Hamburg-Rissen where Specht Gruppe helped modernize and transition to sustainable future while preserving charm. Quote from Ute Haats, facility manager and former owner.
• Specht ResidenzencoreOthersSubsidiary operating senior residences in northwestern Germany. Part of Specht Gruppe ecosystem managing stationary care facilities.
• Modern Care GmbHcoreOthersSubsidiary operating ambulatory care and senior shared living (WG) in Thuringia. Founded in 2023 as part of Specht Gruppe expansion.
• Weser PflegedienstcoreOthersSubsidiary operating ambulatory care service with day care facilities at six locations in Bremen and Lower Saxony.
• Specht & Tegeler SeniorenresidenzencoreOthersSubsidiary operating stationary care facilities in Rhineland-Palatinate, Lower Saxony, Hamburg, and Bremen. Currently operating six facilities with two more under construction.
• Specht ImmoverwaltungcoreOthersSubsidiary specializing in management of care real estate properties.
• PflegeWohnen im QuartierminorOthersNew subsidiary (founded 2026) operating dementia shared living communities with day care. Operating first location Haus am Brunnen in Stuhr-Brinkum.
• Vier Quartier GmbHminorStrategic or Co-development PartnerJoint venture including Gebrüder Rausch, INTERHOMES AG, Specht Gruppe, and stefesgruppe for development of St. Jürgen Quarter in Bremen from former clinic site. Specht Gruppe is one of four shareholders in this project.
• Residential Development PartnersminorStrategic or Co-development PartnerThree partners collaborating with Specht Gruppe on Rickmers Reismühle project in Bremen's Überseestadt district, developing ~300 apartments on ~3 hectares by 2029.

Scale indicators14 records

Recent moves14 records

Expansion highlights7 records

Broad incumbents

• Asklepios Kliniken: Germany's largest private hospital group and parent of MEDICLIN; operates extensive acute and rehabilitation facilities and is a relevant buyer of healthcare real estate from groups like Specht Gruppe. Comparable as a healthcare real estate acquirer though focused on acute care.
• Orpea Deutschland: German operations of French-listed care operator Orpea (parent of Alloheim), running a broad network of care facilities and senior residences. Larger European incumbent competing for institutional mandates and operating talent in Germany.
• Korian Deutschland: German arm of French-listed European care leader Korian, operating hundreds of care facilities and assisted living communities across Germany. Larger, publicly listed incumbent offering overlapping care and assisted-living services.
• Cofinimmo: Belgian-listed healthcare REIT with ~€6bn portfolio across Europe. Partnered with Specht Gruppe on the Bad Dürrheim modernization; a broader incumbent in healthcare real estate investing comparable on portfolio type though not on development-and-operate integration.
• Aedifica: Belgian-listed European specialist REIT in care real estate with a multi-billion-euro portfolio. Repeat institutional development partner of Specht Gruppe (Gummersbach, Stadtlohn); comparable as a care real estate acquirer/operator, but operates at vastly greater scale and capital access.

Direct peers

• Alloheim: One of Germany's largest private operators of stationary senior care facilities with a national footprint. Directly comparable to Specht Residenzen and Specht & Tegeler in operating model, resident profile, and regulatory framework.
• AGAPLESION: German non-profit healthcare and senior care operator with a portfolio of inpatient facilities across multiple federal states. Direct peer in stationary and ambulatory care, and a former counterparty of Specht Gruppe (operator transfers in 2025).
• MEDICLIN: German healthcare provider (part of Asklepios Group) operating 32 clinics, 6 care facilities, and 10 medical care centers. Acquired Reha-Klinik am Sendesaal from Specht Gruppe in 2024; comparable as a healthcare real estate buyer/operator in Germany.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/SpechtGruppe
• LinkedInlinkedin.com/company/spechtgruppe
• Instagraminstagram.com/spechtgruppe

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Specht Gruppe