Icade's healthcare unit has completed the purchase of a portfolio of three healthcare institutions for a total of EUR 52 mln including fees.

Icade's healthcare unit has completed the purchase of a portfolio of three healthcare institutions for a total of EUR 52 mln including fees.

The portfolio includes the Clinique du Parc, providing medical, surgical and obstetric care, the Clinipole Group's flagship institution in Castelnau Le Lez (Hérault), which also houses the region’s largest dialysis centre, and a psychiatric clinic, located in Saint Clément la Rivière (Hérault).

These institutions have 12-year fixed-term leases signed with the operator Clinipole, a major private healthcare player in the Languedoc Roussillon region, operating seven institutions.

Following this acquisition, Icade Santé owns 47 institutions leased to seven operators with a value of EUR 1.4 bn. Preliminary contracts have been signed for further acquisitions, due to be completed before the end of the year, the company added.