Edition:
India

Icade Announces That Icade Santé Acquires 12 Medium- And Long-Term Care Assets


Thursday, 11 Apr 2019 

April 11 (Reuters) - ICADE SA ::ANNOUNCES THAT ICADE SANTÉ IS ACQUIRING 12 MEDIUM- AND LONG-TERM CARE ASSETS FOR A TOTAL OF €191 MILLION.THE ACQUISITION IS EXPECTED TO BE COMPLETED IN THE SUMMER OF 2019.IT HAS AN AVERAGE UNEXPIRED LEASE TERM OF NEARLY 6 YEARS AND IT WILL GENERATE IMMEDIATE RENTAL INCOME. 

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