Aedifica Nederland, a 100 % subsidiary of Aedifica, acquired the full property of the site. The contractual value2 amounts to approx. €8m. The site was sold by a subsidiary of the Green group. The operation was financed using Aedifica’s credit facilities.
The Huize Hoog Kerckebosch care residence is located in a green, residential area near the centre of Ede (63,000 inhabitants, Province of Utrecht), approx. 10 km from the city of Utrecht. It is a modern residential care facility serving the middle to high-end market segment, intended for seniors requiring continuous care. The site is able to welcome 32 residents in an exceptional environment. It was completed in early July 2017 and is operational since the month of August.
The care residence is operated by an entity of the Compartijn group, a private Dutch player in the senior care market providing small-scale housing and quality care for seniors requiring continuous assistance. Compartijn currently operates four sites and will operate additional sites in the near future, including one Aedifica site that is currently under construction3. Compartijn is a subsidiary of Incluzio BV, owned by the Facilicom Services Group.
The lease established for the site is an irrevocable 20-year triple net long lease. The initial gross yield amounts to approx. 6.5 %.
