ICADE ACQUIRES 9 HEALTHCARE FACILITIES IN GERMANY AND FRANCE FROM ORPEA FOR (EURO)145M; Icade1 signed preliminary agreements with ORPEA to acquire a real-estate portfolio of nine nursing homes, including eight in Germany and one in France, for a total of
Jul 21, 2020 - Business Wire
Mergers and Acquisitions
Regulatory News:
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200720005808/en/
(Photo: Business Wire)
The acquisition of the real-estate portfolio-composed of eight nursing homes in Germany and one in Marseille, France- is part of a sale-and-leaseback transaction between Icade and ORPEA (Paris:ORP), the world leader in long-term care.
ORPEA, which developed most of these facilities, will lease and continue to...
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