News Article

Parkway Life Real Estate Investment Trust (PLife REIT), one of Asia’s largest listed healthcare REITs, has made its maiden acquisition in Europe from Domusvi, one of Europe’s largest nursing and retirement home providers, with the acquisition of 11 nursing homes in a sale and leaseback arrangement.

Candesic acted as strategic advisor in the market analysis for Parkway Life. The Candesic team, was led by Senior Partner Marc Kitten and managed by Associate Dr Marco MAZEVET.

PLife REIT is looking to build Europe and the UK as its third key market, and the deal with Domus Vi is a great first step in “forging a long-term strategic partnership with a leading pan-European operator”.