Investment programme leads to rental growth at Aedifica

CGI of Aedifica's Aylesbury development

Rental income grew 19.5% across Aedifica’s portfolio of UK care homes in 2021, reaching €50m (£41.7m) up from €41.8m the year previous. It rose 1.6% on a like-for-like basis but this was impacted by Aedifica’s redevelop plans for two properties, which affected rental income. Gross yield in the UK averaged at 6.4% ranging from 5.5%…

You must be a CM Subscriber to view this content.

Subscribe Now »