Ethias and ORPEA have signed a purchase and lease agreement concerning 3 nursing homes
January 16 2012 - 2:30AM
Business Wire
Regulatory News:
On Thursday 12th January, Ethias carried out the acquisition of
three nursing homes belonging to the ORPEA group (Paris:ORP), which
will rent and manage the facilities.
This real-estate investment project concerns the three following
nursing homes:
1. The “Rustoord Zennehart” home on Pastoor Bolsstraat,
Alsemberg: 95 beds2. The “Les jardins d’Ariane” home at ave.
Ariane 1, Woluwé St Lambert: 159 beds3. The “Panhuys Park” home on
Panhuisstraat, Destelbergen: 108 beds
The total investment represents a sum of EUR 55 million.
Ethias having confirmed its intention of increasing its
investment in real-estate assets, this investment is wholly in line
with Ethias’ real-estate investment policy that focuses on nursing
and care homes and office buildings.
ORPEA is a leading European player in the Long-Term Care,
Post-Acute and Rehabilitation Care and Psychiatric Care sectors,
and has over 20 years of experience and expertise in the
sector.
It has a European network of 36,714 beds spread across 394
sites:
-- France 322 facilities 28,590 beds -- Spain 22
facilities 2,938 beds -- Belgium 36 facilities 3,799 beds -- Italy
12 facilities 1,222 beds -- Switzerland 2 facilities 165 beds
Ethias’ commitment
Ethias is a Life and Non-life insurer committed to engage in a
mutually profitable relationship with public institutions, civil
servants, corporate and related retail client segments by providing
premium value-for-money products and services generating
sustainable profits while leveraging its core values of humanism,
ethics, commitment and proximity.