Adriano Care completed the acquisition of senior citizen nursing homes in Lugo and Terrassa for $19m.

Azora-backed Adriano Care, a Spanish company creating a real estate portfolio of assets related with the elderly, completed the acquisition of senior citizen nursing homes in Lugo and Terrassa for $19m. The Lugo residential complex has 191 beds and is managed by the Albertia Group. The Terrassa complex, for its part, has 72 recently built beds and is managed by the Vostra Llar Group.