Wargha Enayati, the founder and former owner of the private health care operator Regina Maria, said that he would invest EUR 40 million in a luxury campus for elderly people with different assistance needs, reports Ziarul Financiar.

The complex will also include a recovery hospital with medical services such as dialysis or imaging.

In total, the project will have 70 luxury apartments, 70 places for those who need social assistance of various degrees and 70 places in the recovery hospital. The price for a luxury apartment will amount to minimum EUR 1,500 per month. The construction of the project should start this spring.

Wargha Enayati sold his minority stake in Regina Maria in 2015.

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(photo source: Wargha Enayati on Linkedin)