Acquisition of a company with residential care centre in Lanaken

Following the press release of 9 March 2015, Care Property Invest announces the acquisition of 100% of the shares in the company VSP Lanaken Centrum WZC NV. The closing took place on 30 December 2016, after the fulfilment of all suspensory conditions. This company owns the residential care centre “Drie Eiken” in Lanaken, to be managed by Foyer De Lork vzw, which is in turn part of Senior Living Group. The contractual value of this project is approximately 19 million euros. Read the full press release here.