Built for what comes next

Aedifica celebrated its 20th anniversary in 2025.
A lot has changed in those two decades, and Aedifica now looks quite different. From a local Belgian residential player, it has transformed into a pure-play European healthcare real estate investor that is in excellent shape and ready to scale up. We are built for what comes next.

Scalability is essential for our real estate segment. Due to the ageing population in Europe, healthcare real estate is a market with high structural demand. This creates a challenge in terms of supply: how can sufficient high-quality and affordable healthcare real estate be created so that operators can grow and care capacity can keep pace?

In May 2025, Aedifica articulated a clear response to that challenge: to create a leading listed European healthcare real estate platform by setting up a combination with Cofinimmo. This larger combined group will benefit from greater operational strength, a stronger balance sheet structure, and lower capital costs. This will allow us to remain relevant for all our stakeholders, including our shareholders, care operators, credit providers and, last but not least, our team.

The combination comes at the right moment. The healthcare real estate market is picking up again, with operators considering expansion, looking at new locations and initiating new projects. In addition, healthcare operators are seeking real estate solutions from partners who understand the sector.

With our twenty years of expertise, we know how to respond to this and offer tailor-made solutions: high-quality, operationally sound real estate at a cost that is feasible for the operator, while also providing a stable return for our shareholders. With a stronger platform, Aedifica is not only ready for the next phase of growth and in an excellent position to translate this into value creation, but it will also be able to offer an inspiring and vibrating ‘great place to work’ to its teams, the people that make it all happen.

Stefaan Gielens
CEO