Luxembourg-based fund manager AviaRent Capital Management S.à r.l, the German Partner of Primonial Holding, has purchased a nursing and therapy center in Wendhausen, Lower Saxony, Germany, on behalf of its the open-ended special fund CareVision III. The sales price was €23.45 million ($26.8 million).
On a plot of 9,862 square meters (106,154 square feet), the Maternus Care and Therapy Center in Wendhausen has more than 215 nursing places, including 143 single rooms and 36 double rooms. The facility specializes not only in the care of people with dementia, but also in the care of coma patients and patients with multiple sclerosis.
The Maternus Care and Therapy Center Wendhausen is centrally located in the very green and natural center of Wendhausen.
With CareVision III, around 30 percent of all people in need of long-term care in 2015 were men who were 85 years and older, according to firm’s website. This share is expected to increase to almost 60 percent by
