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Parkway Life Reit buys nursing home in Saitama prefecture for 1.5 billion yen

Singapore

PARKWAY Life Reit on Wednesday announced the acquisition of a nursing rehabilitation facility, Konosu Nursing Home Kyoseien, under a sale-and-leaseback agreement with nursing home operator Iryouhoujin Shadan Kouaikai for 1.5 billion yen (S$17.8 million).

The acquisition...

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