Icade boosts its healthcare portfolio

French property developer Icade has acquired two healthcare assets in Nantes for EUR 73mln from nursing home operator Vedici. The company bought the Polyclinique de l'Atlantique in Saint Herblain, France's leading maternity clinic with total capacity of 269 beds, and the Centre de Soins de Suite de Roz Arvor in Nantes with a capacity of 80 beds. The Vedici Group is leasing back the properties under a 12-year lease. Icade has a development portfolio of public and healthcare assets of about 205,000 m[sup]2[/sup]. Other 158,000 m[sup]2[/sup] of space have already been brought to the market.

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