Auria Senior Living (Auria) is pleased to confirm that Growthpoint Healthcare Property Holdings (GHPH) is acquiring the Auria business, subject to obtaining the necessary regulatory approvals.
The acquisition reflects a strong alignment in purpose, values, and vision. Auria will continue to operate under its current leadership team and brand, with no changes to day-to-day operations, staff, or resident services.
Barry Kaganson, CEO of Auria, said: “We are proud to welcome GHPH as our new strategic shareholder. This acquisition represents a significant vote of confidence in Auria’s purpose, our people, and the professional senior living sector as a whole. We look forward to building on our strong foundation with a partner that shares our belief in creating purpose-built environments which, together with the services offered, serve to enhance the quality of life of our residents – every single day”.
The transaction also reflects the increasing maturity of senior living as a vital part of South Africa’s social infrastructure and an emerging institutional asset class, both locally and globally. GHPH’s support will further strengthen Auria’s ability to grow with purpose, innovate with confidence, and deliver consistently high standards across its communities.
Auria remains committed to clear and transparent communication with all stakeholders as the transaction proceeds through the appropriate regulatory channels.
