Draft:Aedifica

Aedifica is a Belgian listed Regulated Real Estate Company (RREC) founded in 2005. The Group is listed on Euronext Brussels since 2006 and on Euronext Amsterdam since 2019. The company is a member of the BEL20 index since 2020 and a member of the BEL ESG index since the launch of the index in March 2023.

Aedifica operates in 8 European countries: Belgium (2005), Germany (2013), the Netherlands (2016), the United Kingdom (2019 ), Finland and Sweden (2020 ), Ireland (2021 ) and Spain (2021 ). The group is specialised in renting out real estate to healthcare operators. Its portfolio mainly consists of nursing and care homes for the elderly, but also includes day-care centres for children and revalidation centres.

For the 2022 financial year, Aedifica reported a real estate portfolio of 622 buildings with a fair value of €5,519 million generating more than €273 million in rental income.

Takeover of Hoivatilat Oy
In November 2019, Aedifica launched a public tender offer for all shares in Hoivatilat, a listed Finnish healthcare real estate developer and investor. The bid was backed by Hoivatilat's management and Board of Directors. After some major shareholders publicly announced that they would not accept the offer, Aedifica increased its takeover bid , after which the offer was eventually accepted by these major shareholders. In early January 2020, Aedifica held about 95.9% of the shares, after which a squeeze-out bid for the remaining shares was launched and Hoivatilat was delisted from the Finnish stock exchange.

Following the completion of the takeover, Aedifica was awarded an M&A award for "Best Large-Cap Corporate Deal". In its award rationale, the jury highlighted the company's "intelligent expansion" and the strategic importance of the deal.