Senior Housing & Healthcare Association
The S in ESG is gaining more and more traction. Companies are discovering that having a positive impact on their workers, their community and society as a whole is not just the right thing to do, but it is also what investors want, as Juergen Fenk, CEO, Primonial REIM explains in the CEO interview in … Continue reading Fenk’s ESG focus at Primonial REIM
Kryalos, the Italian asset manager, has signed a deal with Euryale, the French senior living and nursing home specialist, for a €300 million healthcare fund that will target new builds, pre-constructed or refurbished assets in Italy. Italy has an acute shortage of healthcare facilities and nursing homes, yet it has one of the fastest-ageing populations … Continue reading Kryalos and Euryale team up to create Italian healthcare fund
The lack of provision of hybrid and novel concepts of senior housing in the Nordic countries and the unsatisfied and potential demand from comparatively wealthy seniors is creating a market opportunity for real estate according to Riikka Moreau, fund manager at Copenhagen-headquartered asset manager Northern Horizon. Writing in the latest edition of Real Asset Insight … Continue reading New needs of wealthy seniors open gap in Nordic healthcare
Belgian healthcare specialist Aedifica has acquired a care home in Belgium which it plans to extend, investing a total of €21 million. The facility, Résidence Véronique, is located in the Somme-Leuze area of the Namur province and currently has capacity for 72 residents needing continuous care, but the planned extension will expand this to 131. … Continue reading Aedifica to spend €21m on new Belgian continuous care facility
German senior housing and care home developer Carestone Group is to sell a portfolio of nine facilities for €168 million to an international institutional investor. Carestone development at Unna-Hemmerde, North Rhine-Westphalia.The Hanover-based company has agreed the sale of six standing assets and three development projects that will provide a total of 1,000 senior living units … Continue reading German Carestone sells nine senior facilities for €168m
Patron Capital-backed luxury care home developer and operator Hamberley Group has sold five care homes to property investor Rynda Healthcare for more than £100 million. Hamberley’s operating company, Hamberley Care Homes, will lease back three operational care homes on 35-year terms and two homes under development in Eastleigh, Hampshire, and Enfield, north London. Two of … Continue reading Patron-backed Hamberley sells £100m five-home care portfolio
Essen-headquartered Instone Real Estate has started development of a “generational living” project in Rosenheim, south-east of Munich. The scheme, which is being jointly undertaken with company BayernCare is located in the city’s mixed-use Lokhöfe district and will accommodate seniors and students alongside each other. The project comprises 142 student apartments which Instone will develop, 44 … Continue reading Multi-generational German housing project starts on site
Cheyne Capital is lending £219 million to Riverstone, which provides residential property in premium London locations for people of over 65 years. The senior finance facility will be used for a development in Kensington and represents the UK’s largest single asset debt deal for the later living sector, according to Cheyne. Riverstone Kensington is at … Continue reading Cheyne lends £219 in record UK over-65s housing debt deal
Brussels-listed healthcare property company Aedifica has invested €126 million in two portfolios, one comprising five homes in Jersey and the Isle of Man, the other consists of three homes in Ireland. The deals will increase Aedifica’s capacity by a total of more than 600 residents. Aedifica has paid £46 million for the four homes on … Continue reading Belgian Aedifica buys €126m Ireland, Jersey, IOM care homes
MoZaïC Asset Management & the SHHA have launched a collective initiative to restore confidence in the nursing home sector. MoZaïC AM introduced an initiative, under the umbrella of the Senior Housing & Healthcare Association (SHHA), to restore trust in the sector which was shaken by the Orpéa crisis in France. Details were presented during the … Continue reading MoZaïC Asset Management & the SHHA are introducing the governance code
