March 30, 2018 / 5:21 AM / a month ago

BRIEF-Icade: Icade Sante Buys 14 Nursing Homes; Icade Promotion Sells Office Building

March 30 (Reuters) - ICADE SA:

* ANNOUNCED ON THURSDAY ACQUISITION OF 14 NURSING HOMES BY ICADE SANTÉ FOR EUR 189 MLN FROM RESIDALYA NETWORK, SUBSIDIARY OF ACKERMANS & VAN HAAREN GROUP

* NURSING HOMES ACQUISITION EXPECTED TO BE COMPLETED IN JULY 2018

* OFF-PLAN SALE OF AN OFFICE BUILDING BY ICADE PROMOTION, 18,000 SQ.M FOR EUR 95 MLN TO SCPI ELYSÉES PIERRE, MANAGED BY HSBC REIM

Source text: bit.ly/2pPQq5V Further company coverage: (Gdynia Newsroom)

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