Businessglobal-economy
Aura Acquires Bait Bakfar Assisted Living Chain for NIS 1.7 Billion
Real estate firm Aura is expanding its portfolio by acquiring the assisted living network Bait Bakfar. The deal values the senior care chain at NIS 1.7 billion, reflecting a significant 28% premium. This strategic purchase highlights Aura's intent to diversify into the growing senior housing market, tapping into demographic shifts and long-term care demands in Israel.