Belgium: Confinimmo adds to Belgian portfolio with care home development

Belgian healthcare real estate investor, Cofinimmo , has acquired a company that will build a nursing and care home in Oudenburg (West Flanders). The investment budget (including the plot of land and the works) amounts to approximately €11m (US$12.8m). The new nursing and care home, which will offer 68 beds, is already pre-let to operator…

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Nick Herbert has over 30 years’ experience in the financial markets, as both a practitioner and journalist. He started work as an investment banker in London, before joining International Financing Review (IFR) to report on debt capital markets and derivatives. He moved to Singapore in 2000 to manage IFR’s financial markets editorial team throughout Asia, before returning to London in 2009 to take up the position of Publisher for Reuters Capital Markets Publications. For the last five years he has been covering global capital markets, ESG finance and healthcare markets on a freelance basis.