French real estate investment trust (or SIIC in France) Icade has signed an exclusivity agreement with Primonial REIM, to sell 64% of its stake in Icade Santé, the healthcare property investment division, and for the sale of Icade Healthcare Europe's portfolio of assets, for a total valuation of Icade's stake in its healthcare real estate company estimated at €2.6 billion.
Mipim 2023: Icade Sells Its Healthcare Property to Primonial REIM in €2.6 Billion Deal
Deal Includes 64% of Stake in Icade Santé and Icade Healthcare Europe's Portfolio of Assets
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