221
221
  • Transaction / Assets
    3 hospitals in Barcelona, Bilbao & San Sebastián
  • Seller
    Solvia
  • Buyer
  • € MM
    c. 200M

Solvia Sells 3 Hospitals Leased to Quirón for c. €200M

31 October 2018 – Eje Prime

Solvia is making cash with its real estate portfolio. The servicer of Banco Sabadell has sold three buildings in Barcelona, Bilbao and San Sebastián, which are all leased to the hospital group Quirón. The operation has been signed with a domestic investor, whose name has not been revealed. Moreover, the consideration paid for the assets has not been disclosed either.

Owned by the German giant Fresenius, Quirón has long-term rental contracts for these three properties. Solvia said that there has been a lot of interest in the operation from players both at home and overseas.

Hospital Quirón Barcelona is located just five kilometres from the centre of the Catalan capital. The property, constructed in 2006, was renovated in 2017 and contains 187 beds in total.

Hospital Quirón Vizcaya, meanwhile, is located in the town of Erandio, ten kilometres from the centre of Bilbao. That building is home to 110 beds.

Finally, Hospital Quirón San Sebastián (pictured above) forms part of a former palace dating back to 1936 and, subsequently, was converted into a hospital comprising a complex of three buildings. That hospital is located just two kilometres from the centre of the city and has 60 beds in total.

Original story: Eje Prime 

Translation: Carmel Drake