Aedifica SA added 186 units to its healthcare real estate portfolio with the approximately €27.5 million purchase of three German senior housing sites.
Bremerhaven I and Bremerhaven II, in Bremen, offer 110 and 42 units, respectively, while Cuxhaven features 34 units in Lower Saxony. Bremerhaven I also includes a roughly 900-square-meter ground-floor retail component.
Ambulanter Pflegedienst Weser fully occupies and operates the properties, generating about 5% initial rental yield, under irrevocable 20-year double net long leases. Aedifica funded the transaction using its credit facilities.
