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Belgian investment company eyes growth in Swedish care real estate

Demographics and the tradition of strong social security make the Nordic region an attractive target for care home investments, says the CEO of Aedifica.

Hoivatilat expanded into Sweden in 2019. | Photo: Hoivatilat: Jesse Karjalainen.

Aedifica, a listed Belgian real estate company, supports the expansion of Hoivatilat care home real estate company into Sweden, the company’s CEO Stefaan Gielens says in Kauppalehti daily.

Aedifica acquired Helsinki-listed Hoivatilat in January for approximately EUR 408m from its earlier owners, which included Länsförsäkringar Fondförvaltning, OP-Finland and OP-Finland Small Cap Funds as well as management of the company.

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