Altamar and Healthcare Join to Create Healthcare Activos Yield
10 September 2019- Healthcare Activos, which specialises in investing in the healthcare real estate assets, and Altamar have joined to create Healthcare Activos Yield. The vehicle, which will invest in the Iberian Peninsula, has 20 assets in its portfolio, all of which are leased long-term to European operators, and an initial investment of more than €250 million.
Healthcare Activos Yield intends to grow its portfolio by acquiring additional assets. Healthcare-based real estate assets in Spain are currently worth approximately €20 billion. Market sources forecast growth of around 3% per year over the next 15 years.
Original Story: Expansión
Adaptation/Translation: Richard D. K. Turner