April 2013

GAGFAH sells senior housing properties to two investors

In the context of a strategic portfolio optimization, GAGFAH Group has sold senior housing properties in Dortmund, Hamm, Buxtehude and Meißen to an institutional investor as well as one senior housing property in Hanover to a private investor. The portfolio sold comprises 365 nursery beds, 261 units of assisted living and 111 senior apartments. Both transactions were implemented through an asset deal. ARGONAS Corporate Finance Advisors acted as exclusive M&A advisor to GAGFAH Group for the sale of the portfolio.