Disposal of 9 real estate assets in Belgium

Clariane Group

clariane

The Group today announces that it has completed the sale of a real estate portfolio in Belgium to Care Property Invest.

This portfolio comprises the buildings of 9 nursing and care homes developed between 2010 and 2025 and operated by Korian Belgium. These homes are located respectively in Soignies (Wallonia), Heers, Lummen, Meldert, Diepenbeek, Heverlee, Halen, Lille and Hoeselt (Flanders).
The facilities will continue to be operated by Korian Belgium under lease agreements conclud-ed for a period of twenty years.
The value of the assets sold amounts to nearly €143 million. Taking into account Clariane's per-centage ownership in this real estate portfolio (52.2%), Clariane's share amounts to approxi-mately €74 million.
This disposal is part of the Group’s strategy of actively managing its real estate portfolio aimed at continuing to reduce its debt and financial leverage, as a continuation to the asset disposal program completed last July.

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