Belgian health care real estate specialist Aedifica has invested €57m in the acquisition of three brand new care homes in Ireland.
The three homes in Dundalk, Duleek and Riverstick will be operated by Silver Stream Healthcare Group.
Stefaan Gielens, CEO of Aedifica, (pictured) commented: “Aedifica continues to expand its healthcare real estate portfolio in Ireland by investing approx. €57 million in three brand-new care homes comprising 346 en-suite bedrooms for elderly people requiring continuous care.
“This transaction will further strengthen our position and visibility in the Irish market, increasing our portfolio in Ireland to nearly €270 million upon completion of all development projects. In the design of the three care homes, special attention was paid to energy efficiency, delivering on our sustainability commitments. Thanks to this acquisition, we start a new collaboration with an established care home operator in Ireland, Silver Stream Healthcare.”
The care homes will accommodate up to 346 residents. Silver Stream Healthcare currently operates more than 400 beds in eight residential care homes in Ireland, providing residential care, dementia care and rehabilitation care to the elderly.