German bank BayernLB has provided more than €30 mln in financing to a group of investors based in Switzerland to fund the acquisition of two homes for the elderly near Bonn and in Hamburg.
German bank BayernLB has provided more than €30 mln in financing to a group of investors based in Switzerland to fund the acquisition of two homes for the elderly near Bonn and in Hamburg.
The two homes provide 230 beds and 230 assisted living units.
BayernLB is one of Germany’s leading financiers of senior residences with a portfolio of 60 assets, located mainly in the state of Bavaria.
