AviaRent Capital Management S.à r.l., the German Partner of Primonial, has required two retirement homes for the CareVision III fund, which launched at the end of 2016 for a total purchase price of around € 16 million. With the purchase of the two nursing homes in the federal states of North Rhine-Westphalia and Lower Saxony, the fund manager was able to expand its care portfolio by 148 care units.
The first investment is the fully-stationary “Seniorenzentrum Lübbecke“ (€ 9.1 million), which was completed at the end of 2017 and being operated by the QualiVita GmbH. The senior accommodation has a total of 80 handicapped accessible and modern furnished single rooms on two floors. The plot size is approximately 6,400 m².
The second investment is the “CMS Pflegestift Bremer Weg“ in Celle (€ 7.25 million) from 2007 with a total of 68 single rooms on a plot of approximately 4,700 m². Operator of this nursing home is CMS Dienstleistungen GmbH.
“With the purchase of the two retirement homes, we have now expanded our whole care portfolio to a total of 43 properties with around 3.650 care places and 1.050 residential care units“, says Dan-David Golla, CEO.