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Threestones concludes purchase of sixth care home in Spain
02 April 2020 |

Threestones Capital Management European has already concluded the purchase of its sixth senior residence in Spain for an undisclosed amount.

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This new unit offers 100 beds and is located in the city of Zaragoza and according to IPE Real Assets, it is currently managed by the Colisée Group.

The Luxembourg-based investment management group carried out this operation through its investment vehicle TSC Eurocare Real Estate Fund.

In February, the group concluded the purchase of its fifth unit in Spain, the Puerto Viesgo senior residence in Cantabria.

These two senior residences, acquired this year, are now part of the 38 asset portfolio, equivalent to 4300 beds, spread across all Europe, owned by the fund specialised on this segment.