STRATEGY

We acquire, develop, manage and co-invest in senior housing properties in Spain, places where one can live according to personal requirements y physical status. Medicalizad nursing homes, assisted living or independent senior living. Since 2015 we have specialized in the senior living sector and we have worked alongside international investors, developers and/or operators.

Investment Parameters

  • Use: Nursing Home
  • All regions in Spain
  • Population >50,000
  • Regional hospital <5km
  • New development projects
  • Existing nursing homes
  • Service land use (dotacional)
  • Freehold or leasehold
  • GFA: 4,000m2 to 8,000m2
  • 80 to 160 beds
PROJECTS

A selection of investment projects in the Senior Living sector:

Mutxamel

ACQUISITION

Mutxamel, Alicante (2025)

120 beds

  • 1 Nursing Home
  • 5,000m2

New-build nursing home, operated by Novaedat. Opportunity identification, feasibility analysis, market studies and final price negotiation. Preparation for Investment Board approval and final closing. Exclusive collaboration with Aedifica.

ZAMORA (2023)

ACQUISITION IN FORWARD FUNDING

Zamora (2023)

144 beds

  • 1 Nursing Home
  • 7,000m2

Part of a portfolio to develop new build nursing homes in joint venture. Market analysis and feasibility studies. Purchase preparation for Board Approval. Acquisition in exclusive partnership with Aedifica.

GIRONA (2022)

ANALYSIS PORTFOLIO DEAL

Spain & Portugal (2022)

1,920 beds

  • 15 Nursing Homes
  • € 260mio

Asset analysis, market research and initial due diligence of a pipeline of 15 new development projects, situated across Spain and Portugal. In exclusive collaboration with Aedifica.

SEVILLA (2022)

ACQUISITION FORWARD FUNDING

Tomares, Sevilla (2022)

160 beds

  • Nursing Home
  • 8,500m2

Part of a portfolio to develop new build nursing homes in joint venture. Market analysis and feasibility studies. Purchase preparation for Board Approval. Acquisition in exclusive partnership with Aedifica.

DOMUSVI (2021)

ANALYSIS PORTFOLIO DEAL

Spain (2021)

2,750 beds

  • 18 Nursing Homes
  • € 190mio

Portfolio analysis and initial due diligence. Existing residences operated by international operator. Pre-acquisition in exclusive collaboration with Aedifica.

AMAVIR (2020)

ANALYSIS PORTFOLIO DEAL

Spain (2020)

1,075 beds

  • 7 Nursing Homes
  • € 80mio

Portfolio analysis and initial due diligence. New development projects. Residences operated by an international operator. In exclusive collaboration with Aedifica.

MURCIA (2021)

ANALYSIS PORTFOLIO DEAL

Spain (2020)

280 beds

  • 2 Nursing Homes
  • € 18mio

Portfolio analysis and initial due diligence. New development projects. Residences operated by an international operator. In exclusive collaboration with Aedifica.

LANTUS (2018)

ANALYSIS EXISTING ASSET DEAL

Santa Caloma, Barcelona (2018)

150 beds

  • 1 Nursing Home
  • 4,600m2

Asset analysis and initial due diligence. Existing residence operated by a local operator. Pre-acquisition in exclusive collaboration with Aedifica.

VITALIA (2018)

ANALYSIS EXISTING ASSET DEAL

Sants, Barcelona (2017)

185 beds

  • 1 Nursing Home
  • 4,000m2

Asset analysis and initial due diligence. Existing residence operated by an international operator. Pre-acquisition in exclusive collaboration with Aedifica.

PATRICIA (2016)

SOURCING PRIVATE EQUITY

Benidorm, Valencia (2016)

195 beds

  • Senior Living
  • 16,500m2

Identification of new private capital. Negotiations to acquire the Propco/Opco. Instructed by the shareholders, Volker Wessels. Acquired by Azora in 2011.

CLIENTS

Our exclusive partner in the healthcare real estate senior housing sector: