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Cureus GmbH, corporate

Cureus GmbH,

06.07.2021 - 07:34:15

Cureus further expands Healthcare Real Estate portfolio management business model with the acquisition of 36 care homes with c. 3,750 care and residential units worth c. EUR 620 million

W www.cureus.de ?

About Cureus GmbH

Cureus GmbH is based in Hamburg and is one of the leading integrated property companies in the German care home sector with more than 15 years of experience and a team of c. 115 employees developing and managing properties for the Cureus portfolio. Cureus has developed an innovative new standard for full inpatient care and assisted living facilities, which can be implemented as a scalable, location-agnostic solution. Aligned to both current legislative requirements and the needs of operators and residents, the senior residences and care homes developed by Cureus GmbH establish new, uniform standards and represent a highly efficient product that combines greater cost-effectiveness in care with improved quality of living and service.

The company's care home portfolio is worth c. EUR 680 million and consists of 38 leased properties with 3,821 care places and 240 assisted living units. In addition, Cureus currently has 28 projects under construction and 70 secured projects scheduled for completion by 2025, which will add an additional c. 7,460 care places and 2,330 assisted living units with an additional forecast value after completion of c. EUR 1.5 billion. www.cureus.de/en

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06.07.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

1215450??06.07.2021?

@ dgap.de