CareVision III: The “White House” AviaRent and the Convivo Group to open new senior residence in Essen

AviaRent Capital Management S.à r.l. and the Convivo Group have announced plans to convert the “White House” at Martin-Luther-Strasse 118-122 in Essen into a senior residence. The new facility will comprise 80 residential nursing places, 17 outpatient places and 26 serviced apartments and create around 80 jobs. The residence is due to open in spring 2020.

AviaRent Capital Management S.à r.l. acquired the property in early 2017 for its CareVision III fund. The future senior residence is situated in central Essen, in close proximity to doctors, pharmacies, restaurants and public transport.

About the Convivo Group:
The Convivo Group was founded and is headquartered in Bremen, Germany. The Group has been active in the healthcare market for more than 25 years. Convivo owns and man-ages a portfolio comprising 100 care facilities, shared apartments, outpatient care services, facilities for serviced living and alternative forms of living for seniors in its Convivo Parks. As a group, Convivo is fundamentally geared to further growth and is always looking to integrate suitable existing inpatient facilities into its portfolio. The Group also actively plans and develops modern outpatient residences to drive the overall growth of the Convivo portfolio.

You can read more about Convivo on the company’s website: www.convivo-gruppe.de