Belgian listed REIT Aedifica has established a local team in the UK by acquiring its long-time British asset management partner Layland Walker.
Layland Walker, which will be renamed Aedifica UK Management, was established in 2003 and has been providing asset management services for Aedifica’s UK portfolio for the past eight years.
“By welcoming the team into the Aedifica family, we are creating a perfect opportunity to further expand our activities in the UK, as they have already developed an extensive experience with our UK portfolio, its tenants, and the UK healthcare market in general,” said Aedifica chief executive Stefaan Gielens.
“This local British team will allow Aedifica to respond even better to the needs of the tenants, to stay up to date with the ins and outs of the market and to easily seize new opportunities, all while exchanging knowledge and best practices with our other local teams,” he added.
Since making its first investments in the UK in early 2019, Aedifica has developed a portfolio of more than 100 healthcare properties with a total value of approximately €735m (£872m).
Together, these buildings accommodate more than 6,500 residents.
In addition, Aedifica currently has an ongoing investment programme in nine development projects in the UK worth a combined total of approximately €93m.
