HBI Deals+Insights / Healthcare Reform

Real estate costs too high in Brazil, suggests Senior Assist CEO

Real estate prices scared off the major elderly care group Senior Assist International from entering Lat-Am’s biggest market. In conversation at the IFC conference earlier this month, Bart Vanderschrick, CEO of Senior Assist, said his group had looked at expanding into Brazil last year but found the cost of real estate was too high to make its business model viable.

We would welcome your thoughts on this story. Email your views to Claude Risner or call 0207 183 3779.