alternative Assets News: Spanish Real Estate Intelligence

Flatio Acquires NomadX to Increase Footprint in Portugal
20 October 2020 - Flatio, the European long-term property rental platform, has acquired NomadX, a property marketplace targeting the increasing group of digital nomads, to expand its footprint in Portugal. According to a statement by Flatio, "the operation will give Portuguese [property] owners access to a rapidly growing target audience: remote workers who travel during extended periods, digital nomads, professionals and students, while supporting local tenants, who represent 20% of Flatio's market." Flatio's acquisition will allow the firm to centralise both companies' real estate listings, management and transactions on Flatio's technology platform. The NomadX housing market as a subset of the existing Flatio operation, thereby expanding both firms' footprints in the country. Original Story: Economia Online - Mariana de Araújo Barbosa Translation/Summary: Richard D. Turner
Spain's Healthcare Activos Acquires Hospital for €25 Million
12 October 2020 - The Trofa Saúde group, one of Portugal's largest private hospital groups, has sold the property that houses its hospital in Vila Real to Healthcare Activos for 25 million euros. Trofa Saúde structured the deal as a sale and leaseback operation and will pay rent to Healthcare, a Spanish platform specialising in health care real estate assets. Inaugurated two years ago, the Hospital Trofa Saúde Vila Real is a six-storey building, including two floors for parking, with 58 inpatient beds, 83 doctors' surgeries, three operating theatres, two gastroenterology rooms, a gym, 35 physiotherapy treatment booths, plus an intermediate care unit and a neonatal care unit. The property has approximately 23,000 square metres of surface area, of which 14,000 are hospital services, while the remaining 9,000 m2 are dedicated to support. Original Story: Jornal de Negócios - Rui Neves Translation/Summary: Richard D. Turner
Hospital CUF Tejo Opens its Doors Lisbon
1 October 2020 - This inauguration of the new CUF Tejo Hospital in Alcântara, Lisbon, took place this week after an investment of more than 170 million euros. The new facility was designed to bring together more than 1,700 professionals and a range of patient-focused services. The Mello Saúde group has stated that the opening of the hospital will take place in phases. Outpatient areas including consultations, examinations, clinical analysis, imaging, and the outpatient oncology department are already functioning. In-patient services, such as hospitalisation, the operating theatre, the intensive care unit, special examinations and permanent care for adults will begin operations during the second phase, which will take place by the end of this year. The hospital will have ten operating rooms, including a robotic operating theatre, 213 general inpatient beds, 14 intensive care beds and 178 consultation and examination offices. The facility covers an area of over 75,000m² spread out over six above-ground floors, with underground parking for approximately 800 vehicles. Original Story: Jornal de Negócios Translation/Summary: Richard D. Turner