2020.06.29 Cofinimmo will acquire a nursing and care home in Germany
(WorldNews Europe)

Brussels, embargo until 29.06.2020, 5:40 PM CET Cofinimmo will acquire a nursing and care home in Germany The Cofinimmo group (Euronext Brussels: COFB) signed agreements to acquire, under certain conditions, a nursing and care home rented by Alloheim, south of Frankfurt. The conventional value of the site amounts to approximately 16 million EUR. Jean-Pierre Hanin, CEO of Cofinimmo: "With this acquisition in Germany, we are actively pursuing our growth in healthcare real estate. After this addition, we will reach the milestone of 40 care sites in Germany. The value of our healthcare portfolio in this country now amounts to more than 500 million EUR, i.e. more than three times more than...