Civitas Investment Management enters German later living market

Civitas Investment Management Ltd (CIM) has entered the German later living market with a €300m (£251.7m) acquisition of 26 older people’s care and assisted living homes. The settings, which are mainly in Berlin and Hamburg, have been acquired from Deutsche Wohnen, a subsidiary of Vonovia SE, a listed residential landlord in Europe. Civitas has made…

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