DIF completes acquisition of Spanish hospital
DIF has announced that it has closed the acquisition of a 100% interest in a concession to construct, maintain and operate the non-medical services of Infanta Leonor Hospital, located in the Vallecas district, southeast of Madrid. DIF Infrastructure V acquired the interest from Pralesa Concesiones and three other minority shareholders.
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. It operates under an availability-based payment scheme granted by the Community of Madrid. It started operations in 2007 and the concession will run until 2035.
In this acquisition, DIF was advised by PwC (Financial), Jacobs (Technical), Garrigues (Tax) and Herbert Smith Freehills (Legal).
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