26 March, Monitor Immobiliare
The Fund EQT Real Estate II has recently started a joint venture with AR.CO. to invest in assist living facilities, mainly located in Northern Italy, for a total capacity of 300 million €. The fund’s first investment consists of the development of five facilities in Lombardy and Emilia-Romagna for 1,010 beds in total. The assets will be completed by 2023 and leased to primary healthcare operators.
Source: Monitor Immobiliare
Translator: Cristina Ambrosi