Aedifica SA (ENXTBR:AED) signed a purchase agreement to acquire Käthe-Bernhardt-Haus Rest Home on January 18, 2016. The transaction is subjected to the usual outstanding conditions in Germany, which are mainly of administrative nature and expected to close by June 2016. The consideration will be paid on completion.

Deutsches Rotes Kreuz Kreisverband Nordfriesland e.V. will operate the property for 25 years for a contract value of €7 million and will provide for an initial gross rental yield of approximately 7%.