AviaRent Capital Management S.à r.l. has bought for a total purchase price of around 40 million Euro the first 3 nursing homes for the newly in December 2016 launched CareVision fund III.
„Due to the good start for the new CareVision III fund, we are still continuously interested in high-yielding properties in the area of full-station and residential care. “, says Oliver Spiewak, Acquisitions.
The new CareVision III fund was established just before Christmas and is already the third fund in the area of nursing home properties for the Luxembourg fund manager. With these three new objects AviaRent now manages a complete portfolio of around 500 million Euro in the sector of nursing home estates.
„It is our goal, to complete 18 transactions with a volume of over 200 million Euro this year for the CareVision III fund” says Stephan Dietrich, Acquisitions.