PSPI acquires German care home portfolio

By A staff reporter 2008-07-01T00:00:00

Guernsey-based real estate firm Public Service Properties Investments has acquired a portfolio of six German care homes from a subsidiary of an undisclosed German bank for EUR 36.3mln. The portfolio comprises 403 care home beds and 154 assisted living places in cities such as Berlin, Bremerhafen and Büren.

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