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Aedifica has acquired two child day-care centres in Oulu & Rovaniem. The asset holder acquired ownership of both buildings on 29 December 2023. The total contractual value amounts to approx. €8.5 million.
YIT has signed a cooperative project management contract for the Keskusta health and wellbeing centre project to be built for the use of City of Helsinki. The contract will be signed with KOy Helsingin Toimitilat. For YIT, the value of the implementation phase of the construction contract, which is now starting, is approximat...
Northern Horizon has acquired a portfolio of 15 healthcare properties for c. €75m for its fourth healthcare fund, Aged Care IV. The portfolio was acquired from eQ, the largest private social infrastructure owner and developer in Finland. The portfolio is regarded as one of the highest quality care home portfolios ever sold in...
The construction company M.J. de Nijs & Zonen has delivered the final phase of the Robijnhof project in Leiden to real estate investor Altera Vastgoed NV. It concerns the fourth block, which consists of a psychogeriatric care complex where intramural care will be provided. The care complex comprises 40 psychogeriatric units a...
Alma Property Partners has raised nearly €350 million of equity capital for Alma Property Partners III, the firm’s third pan-Nordic opportunistic real estate fund.
The global healthcare sector remains buoyant and is expected to grow despite a challenging economic outlook, according to Knight Frank. Investors remain confident in the long-term opportunities presented by the sector, with investment in care related real estate reaching c. $38 billion in the year to June 2023, accounting for...
ION Residential Platform (IRP) acquires, from AG Real Estate, 100% of the shares of SRB-Invest, the company owning the Beukenhof (Kalmthout) and Brugse Vaart (Ghent) care homes. The residences offer a combined 294 care beds and 20 assisted living units and are operated by Vulpia, an established Belgian operator.
ELM Group announces the major acquisition of retirement property. As part of the formal sales process facilitated on behalf of UK housing provider Orbit, ELM Group has acquired 1,368 units across 30 local authority areas, taking its portfolio of properties across the South of England from over 3,300 to 4,638 units – represent...
RED Construction Group, the specialist main contractor, has secured a £13.5m contract to deliver 44 extra-care apartments for the St Monica Trust, at The Chocolate Quarter Retirement village in Keynsham near Bristol. The new building will complete the redevelopment of the former Fry’s Chocolate Factory Site, and provide addit...
Aedifica has completed seven projects in Q3 and has announced a new project in Finland. The completed properties are located in the Netherlands, the United Kingdom, Finland and Ireland.
Threestones Capital on the acquisition of the Ginkgo portfolio, which comprises two retirement homes. The properties are located in Cologne and Künzell; the sellers are companies belonging to the Huk-Coburg insurance group.
Macquarie Asset Management, on behalf of Just Group, has provided approximately £30 million to help finance the development a new multi-purpose healthcare service facility to be operated by University Hospital Southampton NHS Foundation Trust.
After extensive modernization work, the new operator, Argentum Pflege Holding GmbH, has now reopened the retirement home at the Alte Saline in Lüneburg. At the end of 2021, the City of Lüneburg had complained about numerous fire safety deficiencies and ordered the home to be evacuated.
Through its Aged Care IV fund, Northern Horizon has entered into an agreement with Hoivarakentajat to acquire a new purpose-built care home for people with autism. The care home is located on the lakeside in the city center of Kuopio, the largest city in Eastern Finland.
Care Property Invest has acquired the redevelopment project 'Wolfsbergen'. The building is the former town hall of 's-Graveland, a wealthy village in the province of North Holland. The project has a total investment value of approximately €11.2 million and will accommodate 23 care apartments once completed.
BNP Paribas Real Estate Investment Management (BNP Paribas REIM) Germany has acquired a care facility in Stade on behalf of the European Healthcare Property Fund (HPF Europe), which was launched in 2020. The facility was developed by Hamburg-based Senectus GmbH.