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Aedifica purchases German aged-care apartment operator

Aedifica SA/NV acquired all the shares in apartment operator Schloss Bensberg Management GmbH under a roughly €200,000 deal.

Schloss Bensberg is the tenant of the Service-Residenz Schloss Bensberg apartments in North Rhine-Westphalia, Germany, which the multifamily real estate investment trust purchased in 2015. The newly acquired Schloss Bensberg operates the complex as apartments for seniors.

Aedifica CEO Stefaan Gielens said the acquisition will further develop the two parties' long-term collaboration.