We are advising Aedifica on the transaction

Davis Polk is advising Aedifica as to U.S. and English law in connection with its recommended proposed conditional exchange offer for all shares of Cofinimmo. The transaction would create Europe’s leading healthcare real estate investment trust (REIT), with a combined gross asset value of €12.1 billion. The transaction is subject to customary conditions, including a minimum acceptance condition and regulatory approvals, and is expected to complete by year-end.

Aedifica is a public regulated real estate company under Belgian law, listed on Euronext Brussels. It specializes in European healthcare real estate, with a focus on elderly care facilities. Aedifica’s portfolio includes 607 sites across Belgium, Germany, the Netherlands, the United Kingdom, Finland, Ireland and Spain.

Cofinimmo is also a public regulated real estate company under Belgian law, listed on Euronext Brussels. With over 40 years of experience, Confinimo acquires, develops and manages rental properties. Its portfolio spans Belgium, France, the Netherlands, Germany, Spain, Finland, Ireland, Italy and the United Kingdom. Responding to societal changes, Cofinimmo’s mission is to provide high-quality care, living and working spaces to partner-tenants that directly benefit their occupants.

The Davis Polk corporate team includes partner Reuven B. Young and counsel Maxim Van de moortel. Counsel Mark Chalmers and associate Gilbert Lim are providing English law advice. All members of the Davis Polk team are based in the London office.

Copy link to share post