France: Icade Healthcare moves into Germany

Icade Healthcare Europe, the international investment arm of French property group Icade, has made its first acquisition in Germany. It has signed a preliminary agreement to acquire a portfolio of 19 nursing homes across the country for €266m (US$293m) from MK Kliniken. The 19 nursing homes are spread across eight German states, total 2,300 beds, and have…

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