Aedifica swoops on care home portfolio in the UK

Belgian healthcare property specialist Aedifica has acquired a portfolio of three purpose-built care homes in the UK for a total of £40 mln (€45 mln).

Constructed between 2010 and 2016, the purpose-built properties comprise 263 ensuite bedrooms for seniors and provide an initial rental yield of 5.5%. They are operated by Excelcare, marking a new collaboration between Aedifica and an established elderly care home provider.

They are located in residential areas of cities in Essex, East of England (Harlow; Saffron Walden, and Colchester).

Aedifica has carried out several acquisitions across Europe for a total of €235 mln since it completed a €459 mln capital increase in October last year.


Latest news

Best read stories