Belgium: Aedifica expands portfolio in Germany and Ireland

Stefaan Gielens, Aedifica chief executive

Belgian pure-play real estate investment company, Aedifica, has added to its portfolio in Germany and Ireland. In Germany, it has agreed to acquire two fully operational care homes in Duisburg for a total of approximately €18m (US$20.9m), which includes renovation expenditure. In Ireland, it is spending around €48m on the construction of one care home…

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