EQT Real Estate II fund, a fund managed by EQT, has launched a joint venture with Arco Lavori to develop high-quality real estate assets in Italy including healthcare facilities.
“EQT Real Estate is thrilled to be entering the Italian healthcare market and investing in a sector which is lacking class A facilities and is expected to benefit from robust demographic trends in the country,” said Alessio Lucentini, managing director, investment adviser and head of Italy at EQT Real Estate. “In addition to the initial five sites, we are currently evaluating a growing pipeline of projects, mainly in Northern Italy, to build a large-scale, resilient and downside-protected portfolio. EQT Real Estate looks forward to partnering with the Arco team to realize our shared vision over the coming years.”
The joint venture will focus on developing a portfolio of purpose-built, affordable class A senior care homes in Northern Italy that will seek to provide the highest level of