Trinity Care nursing home group sold to Belgian firm
Updated / Tuesday, 19 Jan 2021
13:06
Irish nursing home group, Trinity Care, has been sold to Belgian healthcare property investment specialist Cofinimmo.
The deal will see it lease the properties to Spanish healthcare operator DomusVi which will run the operations.
Cofinimmo said it had bought the leaseholds on the portfolio of properties for €93m.
However, the overall deal for the Trinity Care Group business is understood to be worth in excess of €150m.
Trinity Care Group is majority owned by CPL boss, Anne Heraty, and her husband Paul Carroll.
CBRE Ireland said it, along with its Spanish colleagues, had advised DomusVi on the purchase and further sale to Cofinimmo.