Azora, Banca March & Indosuez Behind Adriano Care Socimi

July 2019 – Richard D. K. Turner

Azora, Banca March and Indosuez have joined together to create a new socimi, Adriano Care. The socimi is forecast to invest approximately 250 million euros to acquire a portfolio of residences for senior citizens.

Adriano Care has already identified potential investment opportunities worth €600 million, and has nearly concluded negotiations for €100 million of those.

Original Story: Cinco Dias

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