Aedifica has sold its Belgian hotel portfolio, which comprises six hotels in Bruges, Leuven, Genk, Tongeren and Lanaken to Atream, a European investor specialising in the tourism industry. The purchase price was not disclosed.
Stefaan Gielens, CEO of Aedifica, commented: "Aefifica is pleased to complete the sale of its Belgian hotel portfolio. This transaction is the final part of Aedifica's strategic development to become a 100% pure play investor in European healthcare real estate, once again putting the Group on the map as a reference in European listed real estate."
Pascal Savary, Chairman of Atream, said: "Atream is satisfied that it has successfully completed the due diligence audit and the acquisition of this portfolio, which fully meets the strategic ambition of SCPI Atream Hotels. With €250m of investments carried out in the Belgian tourism industry over the past year, Atream will continue to focus on this market."