Luxembourg-based investment management group Threestones has acquired a care home in Spain. The asset is located in Zaragoza (Aragon) and is operated by Colisée Group under a long-term agreement. The acquisition was made for the Threestones Capital flagship fund TSC EUROCARE Real Estate Fund investing in care homes and senior housing properties across Europe. This deal adds 100 beds to the existing portfolio of the fund, now composed of 38 assets (4300 beds). The purchase price was not disclosed.
Threestones Capital Management SA is a Luxembourg based regulated Investment management boutique and Alternative Investment Fund Manager with €1.6bn under management. Threestones pioneered the European Healthcare investments with a particular focus on care homes, and senior housing.
Colisée Group is a leading European player with benchmark expertise in serving and caring for the elderly. Our network of medical facilities and residences with services includes entities that are specific to each country.