Belgian property company Cofinimmo announced the closing of the acquisition of four nursing homes with a total of 1,064 beds and 45,000 m[sup]2[/sup] of space in Belgium. The company bought the assets - Damiaan in Flemish Brabant and La Cambre, Schweitzer, Van Zande in Brussels - for EUR 78mln, before deduction of debts taken over and latent capital gain tax. The deal reflects an initial yield of 6.14%, Cofinimmo said in a statement.
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