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Belgian listed companies reach agreement to create healthcare giant

The REIT will have €12.1 billion in assets on completion of the transaction
A Cofinimmo-owned nursing home in Grimbergen, Belgium (Cofinimmo)
A Cofinimmo-owned nursing home in Grimbergen, Belgium (Cofinimmo)

Translated from French.

After weeks of negotiations, Belgian healthcare investors Aedficia and Cofinimmo have reached an agreement "with a view to joining forces" and "creating Europe's first REIT in the healthcare sector"; a real estate investment trust with assets of €12.1 billion when the operation is completed, "around September 1, 2025".

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