Banca March expands its co-investment offering by acquiring a majority stake in the building that will house the new Boadilla General University Hospital, managed by Hospiten 23 May 2025 Category: General Banca March broadens its co-investment portfolio through the acquisition of the building that will house the new hospital in Boadilla del Monte, operated by the hospital group Hospiten. The investment will be channelled through a REIT (Real Estate Investment Trust), in which Banca March will hold a majority 71% stake, with clients of the bank to be involved at a later stage, while Hospiten will hold the remaining 29%. Hospiten will manage the general university hospital, which will contain 160 beds and a wide range of medical and surgical specialties within a built area of 58,100 m². Banca March expands its co-investment offering with a new project involving the majority acquisition of the building that will house the new hospital in Boadilla, which will be managed by the international healthcare network Hospiten. In a subsequent phase, the bank will allow its clients to access this project. Banca March will channel this co-investment through a REIT in which the bank and its clients will hold a majority 71% stake. The new hospital will be managed by Hospiten under a long-term operational lease agreement With a total investment of 200 million euros, the future hospital centre—expected to be completed in 2026—will offer 45 medical and surgical specialities and feature 160 inpatient rooms, including 20 suites. It will also include 12 beds in the Intensive Care Unit, 20 in the Emergency Department, and 22 for the Day Hospital, as well as 17 operating theatres, 5 delivery rooms, approximately 80 outpatient consultation rooms, and a haemodynamics suite. With this initiative, Banca March aims to strengthen the medical services offering in partnership with an international healthcare operator renowned for its clinical excellence. Hospiten is a family-owned group founded in 1969 in Tenerife, with over 55 years of experience and a presence in Spain, the Dominican Republic, Mexico, Jamaica, and Panama. The company was established to provide hospital care to both residents and tourists in the Canary Islands. Today, it runs 20 medical and hospital centres (10 in Spain and 10 across the Dominican Republic, Mexico, Jamaica, and Panama), with more than 1,400 beds and 5,000 employees serving over three million patients annually. In Spain, Hospiten has centres in Tenerife, Lanzarote, Gran Canaria, Madrid, Málaga (Estepona), and Cádiz (Algeciras). In the Madrid Region, Hospiten became a leading healthcare group with the acquisition of MD Anderson Cancer Center Madrid – Hospiten in 2010, the sole subsidiary of the prestigious MD Anderson Cancer Center in Houston, Texas, USA, a world-renowned oncology centre specialising in cancer treatment. Co-investment, a hallmark of Banca March This new initiative adds to Banca March’s co-investment offerings, which form a unique and unrivalled model in the market, allowing clients to invest in the same products as the bank, fostering lasting relationships that are consistent with its clients’ interests. Co-investment is a hallmark of Banca March, and the institution is a pioneer in its commitment to alternative assets, with over 20 years of experience providing investment strategies shared with its clients. In the case of illiquid co-investment, Banca March covers a variety of illiquid asset types (venture capital, private equity, private debt, real estate, and infrastructure) carefully selected by the bank to offer an investment alternative in growth sectors. This serves as an excellent complement that avoids volatility and economic uncertainty. In this way, Banca March provides its clients with the opportunity to invest in strategies that would otherwise only be accessible to large investors. Since 2008, Grupo Banca March has committed over 3.9 billion euros in illiquid assets together with its clients, achieving a twofold return multiple on projects in the real economy. During this period, more than 3,900 co-investors have participated alongside the bank in various investments.