# Kleine & Cie

Kleine & Cie is a Single Family Office based in Hannover, Germany.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** Hannover, Germany
- **Region:** Europe
- **Address:** Hannover, Germany
- **Assets under management:** Undisclosed
- **Website:** klecie.de

## Regulatory record

- **Reports private funds:** No

## About

Kleine & Cie was founded by brothers Meik and Pascal Kleine as a single-family office headquartered in Hannover, with additional offices in Hamburg and Minden. The firm’s public presence is deliberately minimal, reflecting a posture of long-term ownership over promotional visibility. Its corporate entity, KLEINE & CIE GmbH, serves as the personally liable partner, anchoring the structure in classic German Mittelstand governance. The firm concentrates exclusively on direct German real estate, splitting its focus between residential rental properties and specialized healthcare real estate. On the residential side, it acquires apartment blocks of 10 to 500 units, prioritizing buildings constructed after 1959 in cities of at least 50,000 inhabitants. Its healthcare strategy targets the development and acquisition of assisted living facilities, full inpatient nursing homes, and intensive care properties, often requiring proximity to hospitals for the latter. The portfolio includes a Care Facilities Portfolio, alongside mixed-use assets like Harzstraße 10 in Hannover and the commercial properties Luisenstraße 4 and Marienstraße 50. Kleine & Cie structures acquisitions as either asset or share deals and also purchases senior-ranking, land-charge-secured loan receivables with a minimum nominal value of €50,000, adding a private credit dimension to its real estate exposure. Kleine & Cie’s operational model is defined by insourcing. The entire property portfolio is managed by its own employees, supplemented by regional specialist contractors for larger capital projects. A stated 72-hour initial response time on investment offers underscores the speed of a decision-making process unencumbered by external committees. The firm explicitly avoids ground-lease properties, contaminated land, chain broker deals, and residential complexes where it cannot achieve full ownership, maintaining a disciplined exclusion framework. The firm’s structural differentiator lies in its integration of operator and owner functions. By self-managing assets and co-developing healthcare projects, it bypasses the fee layers and misaligned incentives common in externally managed real estate funds.

## Sectors

- Real Estate
- Healthcare Services

## Offices

- Hamburg, Germany
- Minden, Germany

## People

- Meik Kleine — Managing Director and co-founder
- Pascal Kleine — Managing Director and co-founder
- Michael Schröder — Managing Director

## Questions

### How does Kleine & Cie source its real estate deals?

The firm maintains a standing public acquisition mandate on its website, inviting proposals directly from sellers and their representatives. It explicitly excludes broker chain transactions and invests only in fee-simple (freehold) properties, avoiding ground leases. By requiring a sales mandate or proof of vendor authorization with the initial submission, it filters for actionable, direct opportunities.

### What types of healthcare real estate does Kleine & Cie target?

The firm actively seeks development opportunities for assisted living with a minimum of 15 units, full inpatient nursing homes requiring at least 80% single-occupancy rooms, and intensive care facilities of 10–12 residents per floor, arranged in small-group living clusters. It prefers locations in cities of at least 25,000 inhabitants, primarily in western Germany, and favors sites near hospitals for intensive care projects.

### What is Kleine & Cie's explicit exclusion list when buying property?

The firm publishes a clear set of exclusion criteria: no leasehold properties, no assets in designated social hot-spot areas, no contaminated land, no broker-chain transactions, and no condominium associations where it cannot acquire 100% of the interests. It also avoids residential assets in poor micro-locations, maintaining a strict filter for good-quality neighborhoods.

### How is Kleine & Cie's portfolio managed operationally?

All properties are managed by the firm's own staff, an uncommon practice for a family office of its size and a core element of its value-retention strategy. For larger refurbishment or capital projects, it supplements internal capabilities with specialist contractors drawn from the local region of each property.

## Related profiles

- [Kingston Advisory](https://altss.com/profile/kingston-advisory)
- [Kliff Capital](https://altss.com/profile/kliff-capital)

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Last updated: 2026-08-11T02:43:31.692Z

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