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Cofinnimo Finalises the Purchase of 24 Nursing Homes in Spain & Italy From Batipart

The listed company is negotiating the acquisition of portfolio Vega comprising 18 nursing homes in Spain and 6 in Italy, for an amount close to 350 million euros.

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Cofinimmo, the Belgian real estate company that specialises in health care, has confirmed that it is in exclusive negotiations with Lagune, a subsidiary of the French group Batipart, to acquire its portfolio of 24 nursing homes, located in Spain and Italy.

Last year, the Batipart group, a holding company owned by the French Ruggieri family, commissioned Natixis Partners and Crédit Agricole to sell its mega-portfolio of 24 nursing homes. This transaction will involve the group’s total divestment from the nursing home sector in Spain, where it currently owns 18 assets.

Read the full article in Spanish.

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