Spain: Cofinimmo to acquire nursing and care home under development in Madrid

Cofinimmo is to acquire 100% of the shares of the company currently developing a nursing and care home in Legazpi, in the autonomous community of Madrid for approximately €12m (US$12.2m). The site is pre-let to Emera España, a major operator in Spain. The new development is situated in Legazpi, and will offer 113 beds. Works…