Primonial REIM completed the acquisition of nine healthcare properties from ProCurand.

Primonial REIM, a real estate management company, completed the acquisition of nine healthcare properties from ProCurand, a healthcare services provider. Financial terms were not disclosed. "We are pleased to have once again acquired several high-quality healthcare assets in Germany for the French Primovie Fund, while also entering a long-term partnership with an established operator of care facilities. The individual properties in the portfolio are located in regions where between 20 and 30 percent of the population is over 65 or older and are therefore predestined for our long-term healthcare investment strategy. By leveraging the synergies of our pan-European real estate platform, we are once again enabling our clients to invest in the best real estate assets in Europe on a country-by-country basis," Peter Finkbeiner, Primonial REIM CEO.