Corpus Sireo buys 3 nursing homes for EUR 30m

Corpus Sireo has acquired three KerVita nursing home projects in Hamburg-Barmbek, Reppenstedt bei Lüneburg and Rostock-Lütten-Klein for a total of EUR 29 mln, according to reports in several German papers. Hamburg-based private group KerVita will manage the centres whose development will start in the spring of 2009. The centres are expected to be completed in the first half of 2010.

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