Ilunion and Avintia win first Madrid 40-40 Plan elderly residence contract

The Community of Madrid has awarded the first contract under its 40-40 Plan to Ilunion VidaSénior and Avintia Inmobiliaria for a 150-bed elderly residence plus 50 day-care places. This marks the initial implementation of a major public-private housing initiative, though financial terms and timeline remain undisclosed. The award signals progress in addressing Spain's aging population infrastructure needs.

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