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Cofinimmo to Invest €12 Million in the Construction of its First Nursing Home in Granada

The building will span a total surface area of around 9,100 square metres, with a capacity for 180 beds, and will be operated by the Reifs Group.

Cofinimmo Granada residencia ancianos 1

Cofinimmo, the company listed on the Brussels stock exchange, is not taking its foot off the throttle in terms of the expansion of nursing homes across the country. In its latest move, it has announced that it is going to build a new nursing home on land previously acquired in Granada.

The combined approximate investment by the company in the acquisition of the land and the construction work is expected to amount to 12 million euros. The nursing home has already been pre-leased to Grupo Reifs, the main operator in this segment in Andalucía.

Read the full article in Spanish.

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