Carestone disposes of senior housing portfolio
Carestone disposes of senior housing portfolio
  Europe

Carestone disposes of senior housing portfolio

The portfolio being sold includes six standing assets and three facilities under development.
RE+D magazine
27.04.2022
German senior housing and care homes developer Carestone is selling a portfolio of nine facilities to an unnamed international investor for €168million.

Carestone said the disposal of the properties, located in Saxony, Saxony-Anhalt, Hesse, North Rhine-Westphalia, and Baden-Wuerttemberg, is part of the firm’s growth strategy to actively diversify its revenue streams.

The portfolio being sold includes six standing assets and three facilities under development. 

It total, the assets will provide a total of 1,000 senior living units with assisted living, daycare, and inpatient care provided on-site.

ΓΕΡΜΑΝΙΑ CARESTONE