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Icade unit pays €87M for Rouen, France, healthcare facility

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Icade unit pays €87M for Rouen, France, healthcare facility

Icade's majority-owned unit Icade Santé acquired the Clinique de l'Europe healthcare facility in Rouen, France, for €87.2 million.

The facility comprises 370 inpatient and outpatient beds and encompasses 23,500 square meters.

In connection with the purchase, Icade signed a new lease with Vivalto Santé Group with a 12-year term.