Germany: Cofinimmo continues expansion in Germany with rehab clinic acquisition

Brussels-listed Cofinimmo has acquired approximately 95% of the shares of the company owning Celenus Klinik an der Salza, a rehabilitation clinic in Bad Langensalza, Germany. The conventional value of the asset for the calculation of the share price amounts to approximately €22m (US$26.04m). The asset, consisting of 206 beds, was acquired through a subsidiary. A…