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  • Aedifica Acquires London Care Home for £15.5 Million, Strengthening UK Presence
  • Aedifica’s Investment in Rosewood House Marks a Significant Expansion in the UK Market with an Initial Yield Over 6.5%

London, UK — Aedifica, a Belgian real estate company listed on Euronext Brussels and Euronext Amsterdam, Wednesday announced the acquisition of Rosewood House, a trading care home in central London, for approximately £15.5 million.

This investment marks a significant expansion of Aedifica’s portfolio in the UK market, reflecting the company’s strategic focus on the healthcare real estate sector.

Rosewood House – Central London: Situated in a residential area near Stepney Green Park in Tower Hamlets, a central borough of London, Rosewood House caters to the mid-market elderly and specialist care segment. Tower Hamlets is a prominent location, encompassing areas like Canary Wharf and Whitechapel, with a population of approximately 320,000 inhabitants. The property’s capacity to house 90 residents, coupled with an initial rental yield of over 6.5%, positions it as a valuable asset in Aedifica’s portfolio.

The care home operator, Bondcare, is known for its quality service in the healthcare sector. The property’s energy efficiency is also noteworthy, with an Energy Performance Certificate (EPC) rating of ‘B’. This aligns with Aedifica’s commitment to sustainability and efficiency in its real estate investments.

Originally built in 2000, the care home was completely refurbished in 2019. The work carried out also included sustainability upgrades.

General Context: The investment in Rosewood House aligns with Aedifica’s strategy to expand its footprint in the UK’s healthcare real estate market, a sector experiencing steady growth due to the aging population. The central location in London and the property’s capacity and efficiency make this acquisition a significant addition to Aedifica’s portfolio. This move signals the company’s confidence in the UK’s healthcare sector and its commitment to investing in sustainable, high-quality care homes.

This expansion by Aedifica into the UK market is indicative of the broader trend of real estate investments in healthcare properties across Europe, driven by demographic changes and a growing demand for specialized elderly care facilities.

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By Lisa Luckas

Lisa Luckas is a Sr. Business News Editor at Nobot.News.

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