Expat
The Miraculous Value Increase of 23 Forest Homes: How a Care Institution Lost Millions in Revenue
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A care institution sold 23 permanent rental homes for seniors to investors for 3.8 million euros. Less than a year later, some properties were resold for nearly two and a half times the purchase price. The article questions how such significant revenue loss occurred under the supervision of regulatory authorities, highlighting the discrepancy between the initial sale value and the rapid subsequent market appreciation.
Ozetta summarises; the reporting is the newsroom's