Banco Sabadell's subsidiary Solvia has announced it is putting three hospitals on the market in what is expected to be one of the largest real estate transactions in Spain this year.
The three hospitals, all operated by Quironsalud, part of German group Fresenius, are Hospital Quirón Barcelona, developed in 2006 over 58,000 m2; Hospital Quirón Vizcaya, providing 19,000 m2 over three buildings and Hospital Quirón San Sebastián of 7,000 m2.
The sale, which was prompted by investors’ unsolicited interest in the assets, is expected to close before the end of the year, Solvia said in a statement.
‘There is a major lack of supply in terms of healthcare real estate, while demand for these assets is growing. Investors are therefore starting to look at opportunities beyond the core markets of France, Germany and the UK,’ the vendor said.
Solvia manages roughly €31 bn of Spanish assets, including €4.3 bn of financial assets and €1.2 bn of land plots.
