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France’s Icade Buys Four Clinics For €112M
Icade, a Paris-listed real estate investment trust, has purchased four medical clinics from private healthcare operator Médi-partenaires.
Icade, a Paris-listed real estate investment trust, has purchased four medical clinics from private healthcare operator Médi-partenaires,PropertyEUreports. The French property division of long-term investorCaisse des Dépôtspaid €112 million for the clinics.
This deal adds to Icade’s July purchase of seven private hospitals from Médi-partenaires for €233 million. Médi-partenaires intends to use the realization from the sale to cut debt and fund future growth.
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