Germany: Cofinimmo set to acquire nursing home in Germany

Brussels-listed real-estate investor, Cofinimmo, is to acquire the nursing and care home An der Zitadelle in Jülich, in North Rhine-Westphalia, putting aside an investment budget amounting to approximately €18m (US$18.4m). The asset is currently in operation and managed by Schönes Leben Gruppe, a major operator in Germany. The nursing and care home has a total…