With an investment amounting to 12 million euros, Cofinimmo is going to buy 100% of the shares of the company that is currently developing a nursing home in Legazpi, Madrid. The property has been pre-rented to a major operator in the sector, Emera Spain.
The nursing home will be located in Legazpi, a neighbourhood in Madrid’s Arganzuela district. The building will be energy efficient and will span 4,300 square metres in total, with capacity for 113 beds and a courtyard area that will include a pleasant garden. Photovoltaic and solar thermal panels will be installed, which will allow the property to obtain a level B energy rating at least.
Read the full article in Spanish.