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Wednesday, February 21, 2024

Ortego & Cameno, PwC advise on senior living deal in Pontevedra

Ortego & Cameno Abogados and PwC Tax & Legal have advised, respectively, Thor Private Equity and Ilunion Sociosanitaria (a subsidiary of the ONCE group) on the development of a residence for the elderly and a senior living residence in the Plaza de Los Barcelos in Pontevedra

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The project will have two distinct areas. On the one hand, 24 senior living flats and, on the other hand, the senior living residence, with a total of 150 places distributed in different living units. This hybrid model responds to the need to flexibly cover all stages of the life plan of the elderly.

The implementation of this project will lead to the creation of around one hundred jobs in the city, in which priority will be given to the incorporation of people with disabilities or in vulnerable situations”.

The Ortego & Cameno Abogados team was led by partner Luis Ortego Castañeda and associate Manuel Sánchez, while the PwC Tax & Legal team consisted of partner Paula Hernández Lemes, head of Real Estate and manager Raquel Gavalda.

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