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Belgium-based investment company Aedifica acquires five UK care homes

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Belgium-based investment Aedifica has acquired five purpose-built UK care homes for £61m.

The homes, which provide care for up to 467 people, are operated by Maria Mallaband Care Group and Bondcare Group.

Stefaan Gielens, CEO of Aedifica, said: “We are very pleased to announce Aedifica’s first major portfolio acquisition in the United Kingdom following the takeover of 90 UK healthcare sites in 2019. Aedifica has invested £61 million in five fully operational purpose-built care homes, comprising 467 en-suite bedrooms for persons requiring continuous care. Other investments will follow.”

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The care homes, which were constructed between 2005 and 2012, are located in: Southall, West London; Dorking, Surrey; Swindon, Wiltshire; Southampton, Hampshire; and York, Yorkshire.

Deepdene, Princess Lodge and Minster Grange are operated by the Maria Mallaband Care Group, which already operates 12 sites in Aedifica’s portfolio.

The Grange and The Hawthorns are operated by the Bondcare Group, which operates 12 sites in Aedifica’s portfolio.

Tags : AcquisitionFinanceMaria Mallaband Care Group
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The author Lee Peart

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