Spain-based pan-European REIT Healthcare Activos has presented a “strategic roadmap” for expanding Europe’s elderly care capacity to MEPs at the European Parliament, given that the continent’s 80+ population will roughly double by 2050.
UK care home group Four Seasons has found buyers for the opco and propco of its 46 remaining care homes, bringing to an end the years-long liquidation process for what used to be the UK’s largest private elderly care home provider.
Pan-European listed French nursing home group emeis may have turned a corner in its long recovery from the scandal that hit the company in 2022. Its share price has climbed 34% since the release of its annual results on February 6, which emphasised improving occupancy and resident satisfaction despite net profit still being negative.
Kara Healthcare, a small UK nursing home operator, is significantly expanding its footprint with the acquisition of seven homes in the North East of England.
German property investor and developer Deutsche Wohnen has sold its nursing home subsidiary PFLEGEN & WOHNEN (P&W) to the Hamburg local authority for €380 million, effectively nationalising the group.
UK Health Minister Wes Streeting has set up an independent commission to look at reforming social care in England. However, the final results of the report won’t be available until 2028.
Spanish REIT Healthcare Activos has acquired its first nursing home asset in Germany, and three new nursing homes in Belgium. Activos has acquired the propco of a nursing home located in Stuttgart, Germany. This is a new build with 88 individual rooms and 31 apartments and is operated by “the largest elderly care operator in […]
Spanish real estate investor Healthcare Activos has entered France for the first time, acquiring its first two nursing home assets in the country. Jorge Guarner, President and Founder of Healthcare Activos, tells us the REIT will also soon acquire its first nursing home asset in Germany, and is looking at opportunities in Italy.
Care UK, the fourth largest for-profit care home provider in the UK by revenue, has been sold by British private equity firm Bridgepoint to US-based real estate investment trust (REIT) Welltower.
Bridgepoint acquired Care UK for £420 million in 2010, expanding its portfolio from 59 to 163 homes and increasing the proportion of private-pay residents from 5% to over 50%.
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