The project consists of the construction, maintenance and operation of the non-medical services of the Infanta Leonor Hospital which operates under an availability based payment scheme granted by the Community of Madrid. The hospital started operations in 2007 and the concession will run until 2035.
Infanta Leonor Hospital is one of the primary hospitals in the Madrid region, with a surface area of ca. 85,000 sqm and over 200 beds, providing services to a population of over 300,000 patients.
Fernando Moreno, DIF Partner and Head of Spain, added: “DIF is very pleased to have closed this acquisition. We are looking forward to working together with all stakeholders involved in the hospital to provide excellent services to the community of Vallecas. We believe this high quality project fits our existing Spanish portfolio very well and will deliver a stable yield to our investors”.
In this acquisition, DIF was advised by PwC (Financial), Jacobs (Technical), Garrigues (Tax) and Herbert Smith Freehills (Legal).