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    CPINV — Care Property Invest NV News Story

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    Brief: Care Property Invest To Buy Residential Care Centre In Ireland

    Picture of Care Property Invest NV logoCare Property Invest NV
    09/01/2023 07:06
    Jan 9 (Reuters) - CARE PROPERTY INVEST NV  CPINV.BR :
    * SIGNS AGREEMENT TO ACQUIRE RESIDENTIAL CARE CENTRE IN
SKIBBEREEN
(IE)
    * PROJECT WILL ACCOMMODATE 51 RESIDENTS AND HAS A TOTAL
CONVENTIONAL VALUE OF APPROXIMATELY € 7.5 MILLION
    * FOR THE OPERATION OF 'SKIBBEREEN RESIDENTIAL CARE CENTRE',
CARE
PROPERTY INVEST WILL FOR THE SECOND TIME ENTER INTO A
PARTNERSHIP WITH BROOKHAVEN HEALTHCARE
    * BASIS OF A NEW LONG-TERM LEASEHOLD AGREEMENT OF THE
'TRIPLE NET'
TYPE WITH A MINIMUM DURATION OF 25 YEARS (RENEWABLE AND ANNUALLY
INDEXABLE)

Source text for Eikon:  ID:nNDL866qmv 
Further company coverage:  CPINV.BR 
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 587 696 600;))

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