COLOGNE, GERMANY-Corpus Sireo has raised $206 million (€150M) from six German investors for its recently launched CS Health Care II investment vehicle focusing on residential health care facilities.
The fund is targeting a volume of $412 million (€300M) and aims to distribute a dividend of 6.5% a year.
To date, the fund has acquired eight facilities, investing around $48 million (€35M). Closing is expected in the coming weeks for two additional properties.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
