Cofinimmo has entered the Irish healthcare real estate sector with the acquisition of six nursing and care homes and one rehabilitation clinic.
The total investment for the seven healthcare sites amounts to approximately €93 million ($113 million).
All the sites are leased to DomusVi Group, a leading operator in Europe. DomusVi is among the leading providers of accommodation, assistance and care to people impaired due to age or illness in Europe. With more than 400 nursing homes and senior residential homes and 60 home-care agencies, DomusVi provides a comprehensive range of quality services to its 72,000 customers in Europe and Latin America. DomusVi has more than 37,000 employees worldwide.
Jean-Pierre Hanin, CEO of Cofinimmo, said, “This first transaction in Ireland enables Cofinimmo not only to further diversify its geographical presence in the European healthcare real estate segment but also the type of assets pertaining to its healthcare portfolio. Fur