Paref SA (FR:PAR) has released an update.
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PAREF Group has formed a strategic partnership with Parkway Life REIT, assisting in its first European portfolio acquisition of 11 nursing homes in France for €111.2 million. This collaboration marks a significant step for both entities, with PAREF providing comprehensive real estate management services to support Parkway Life REIT’s expansion into Europe. The partnership highlights PAREF’s expertise in the real estate sector, offering a full range of services to institutional investors.
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