Italy: Primonial REIM acquires 14 homes in Italy

France’s Primonial REIM has acquired a portfolio of 14 retirement homes located in Italy under a sale-and-leaseback. Financial terms have not been disclosed. The portfolio, spread over five regions of northern Italy, will eventually comprise 2,083 beds. Seven of the assets are already in operation while the remaining seven assets are to be restructured or…

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