AXA IM makes debut Irish care home acquistion

Mowlam Healthcare

AXA IM-Real Assets has made its debut in the Irish senior housing sector with the acquisition of a portfolio of ten purpose-built care homes on behalf of a private investor client.

The portfolio features 600 beds and 52 additional independent living units, across a series of single-storey homes that have all been purpose-built since 2002. The rooms, located Ireland-wide, are almost all fully occupied with approximately 80% of the portfolio featuring en-suite wet rooms.

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