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Sumitomo Mitsui buys 50b yen of healthcare assets

Tokyo

SUMITOMO Mitsui Banking Corp has agreed to buy healthcare facilities from Orion Partners ahead of a plan to list a real estate investment trust, according to sources.

Sumitomo Mitsui bought the 50 billion yen (S$586 million) portfolio, which consists of about 20 properties,

sentifi.com

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