Belgium: Cofinimmo invests in Belgian care homes and issues shares

Brussels listed real estate investor, Cofinimmo, is acquiring two nursing and care homes in Belgium – one in Brabant and one in Hainaut, for a total consideration of approximately €24m (US$25.3m). The acquisition of the nursing and care home in Hainaut took place through a €4.5m contribution in kind of 39,933 Cofinimmo shares. The Villa…

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