ICADE buys Vedici’s hospitals

The French REIT ICADE Santé is to purchase 17 hospitals off the operator Vedici for €651m. “This single deal equals the total spend on French healthcare real estate on 2014,” says Stéphane Pichon, managing partner at Your Care Consult. We hear from an analyst the net yield is 6.4%.

Source: Healthcare Europa : [