Belgium: Cofinimmo completes purchase of Batipart aged care portfolio in Italy and Spain

Jean-Pierre Hanin, CEO Cofinimmo

Healthcare focused Belgian real estate company Cofinimmo has closed its investment into the Batipart’s aged care portfolios of six nursing and care homes in Italy and 18 nursing and care homes in Spain for a total of around €340m (US$414m). The gross rental yield is above 5%, according to Cofinimmo. In March, the company announced…

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