Eurostate identifies and participates in the closing of an acquisition of a newly developed nursing home with 5,000m2, offering 120 beds in Mutxamel, Alicante. Leased to healthcare operator, Novaedat based in Valencia. This acquisition, closed at 7,5mio, provides Aedifica a net yield of 6% on investment (see pdf).
Interview on behalf of the leading magazine in the US, Seniors Housing Business, explaining the different models of seniors housing in Europe, providing some outstanding references in different countries (ver pdf).
Interview in real estate magazine, Ejeprime, explaining the focus of Eurostate in the living sectors, the restructuring into three subdivisions (student, urban and senior) and collaborations with investment funds (see pdf).
Eurostate participates in the underwriting and a successful acquisition of a nursing home with 140 beds in Zamora. Operated by Neurocare. Financed in a forward funding by Aedifica (see pdf).
Eurostate participates in the underwriting and a successfully acquisition of a nursing home with 160 beds in Tomares, Sevilla. Operated by Neurocare. Financed in a forward Funding by Aedifica (see pdf).
Eurostate identifies, and participates in the closing of a first JV partner for Aedifica in Spain. The agreement means a commitment of €75mio for a first portfolio of new built nursing homes across Spain (see pdf).
Underwriting and closing of a €40mio student housing development project with 380 beds in Granada. Acquired and to be developed by CA Ventures and LaSalle IM. Operated by Novel Student, part of CA.
Underwriting and closing of a €50mio student housing development project with 550 beds in Sevilla. Acquired and developed by CA Ventures and LaSalle IM. Operated by Novel Student, part of CA.
Eurostate agrees the integration of its student housing activities with Chicago based, CA Ventures. Investment commitment of €200mio/year. First two pipeline projects acquired from Eurostate (see pdf).
Publication in Spanish financial newspaper ‘Expansión’ about student housing projects, the impact on the local housing market, the shortage of houses and the importance of collaboration in PPP (see pdf).
