EBM Partner wants to place its network of senior homes, called GrandParks, into a property investment fund and offer it to small investors. The developer is also considering adding other types of residential assets to the fund, including high-end rental housing. EBM Partner broke ground on its fourth senior home in the Czech Republic in Liberec two weeks ago. The company is the investor, developer and operator of all its senior home projects. In adddition to Liberec, it also has locations in Havířov, Hradec Králové and Prague. EBM is planning to build a total of 15 senior homes across the Czech Republic. The company’s chairman of the board, Lubomír Vais, says that a fund is the best exit option for EBM.
