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BAE Systems’s Pension Fund Invests €100 Million in 23 Healthcare Assets in Spain, France & Germany

Korian and BAE Systems Pension Fund have just signed a long-term investment partnership involving assets located in Spain, France and Germany.

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BAE Systems’s Pension Fund has invested around 100 million euros in 23 healthcare and long-term care assets, including several nursing homes and mental health clinics in Spain, France and Germany. One of the assets is a new construction project; in addition, another four of the properties are being renovated.

Last month, Korian, a French group specialising in the care and provision of services for the elderly, closed an alliance to make long-term investments with funds from BAE Systems’s Pension Fund advised by Elevation, a health-related real estate investment manager.

Read the full article in Spanish.

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