HBI Deals+Insights / M&A/IPOs

€100m secondary market deal in German nursing homes

A portfolio of 12 nursing homes operated by Korian-owned Casa Reha has been sold by the asset manager, Corpus Sireo, to its competitor E&G Funds & Asset Management. The secondary market transaction between two German funds is worth over €100m, reports the German press. Another 20 assets left in Corpus Sireo’s Health Care I fund should be sold this year, says fund manager Marc-Phillip Martins Kuenzel.

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