Round Hill Capital and Auxenia RE completed the acquisition of flege-Residenz-Beuren for €32m.

A real estate investor Round Hill Capital and asset management and investment company Auxenia RE completed the acquisition of flege-Residenz-Beuren, a senior living facility in Beuren, for €32m. “Germany has a rapidly growing elderly population with a significant shortage of quality care beds. This acquisition, refurbishment and development will create 166 future-proofed care beds to help service the growing demand in the sector and offer high quality senior care and living," Michael Bickford, Round Hill CEO.