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Azora Closes the Acquisition of 2 Nursing Homes for the Elderly in Madrid

Adriano Care has paid 11 million euros to add 147 beds to its portfolio, in a transaction advised by Inversión Madrid, Pinsent Masons and Tenigla Real Estate.

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Adriano Care is growing. The nursing home Socimi owned by the management company Azora has completed the purchase of two assets in the Community of Madrid for 11 million euros.

The properties, which have 94 and 53 beds, respectively, are leased on a long term basis to two specialist international operators. Specifically, the second spans an area of 2,000 square meters.

Read the full article in Spanish.

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