• Transaction / Assets
    three senior citizens’ residences
  • Seller
    na
  • Buyer
    Foncière Siscare
  • € MM
    40

Foncière Siscare Acquires Three Senior Citizens’ Residences for €40 Million

28 October 2019 The French firm Foncière Siscare has acquired three senior citizens’ residences, two in Spain and one in Italy, for a total of 40 million euros.

The acquisition follows the firm’s strategy of consolidating its position in the Spanish healthcare market. Foncière Siscare acquires assets in conjunction with outside investors, concentrating on operations, while the real estate partner invests in the long-term repositioning of the asset.

Original Story: Eje Prime

Adaptation/Translation: Richard D. K. Turner

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