Stuttgart – Listed Belgian company Cofinimmo SA is expanding its healthcare portfolio in Germany by acquiring two care homes in Lower Saxony and, subject to conditions precedent, 90% of the shares in the owner company of a rehabilitation clinic in Bad Schönborn, Baden-Württemberg. The deal is part of the firm’s ongoing expansion strategy in Germany. All three facilities are operated by the Orpea Group. The transaction involves total investment of almost EUR 60 million. Cofinimmo recently acquired a care home operated by Alloheim in Bickenbach, in August 2020.
An international CMS team headed by lead partner Dr Stefan Voß advised Cofinimmo on all tax, real estate and corporate law aspects of these transactions. CMS has advised Cofinimmo on multiple occasions.
Brussels-based Cofinimmo SA is a leading Belgian property company that specialises in real estate in the care, residential and commercial sectors. The company has a property portfolio under management worth around EUR 4.5 billion. Cofinimmo operates in Belgium, France, Spain, the Netherlands and Germany.
Dr Stefan Voß, Lead Partner
Dr Ursula Steinkemper, Partner
Dr Katharina Haidas, Counsel
Lukas Potstada, Senior Associate
Tobias Feeß, Associate, all Real Estate & Public
Dr Peter Baisch, Partner
Anna-Maria Cardinale-Koc, Senior Associate
Simone Philipp, Senior Associate, all Corporate/M&A
Tobias Schneider, Partner
Paul Volkwein, Tax Advisor, both Tax
Pawel Hermelinski, Partner
Angélique Eguether, Associate, both Corporate/M&A
Frédéric Feyten, Partner
Ali Ganfoud, Senior Associate, both Tax