Emeis: commitment to sell real estate in Portugal
(CercleFinance.com) - Emeis (formerly Orpea) announces the signature of a real estate sale agreement in Portugal, concerning a portfolio of assets in the Porto and Lisbon regions, totaling E24m.
Since the beginning of the year, the EHPAD group has signed a number of agreements in Poland, Portugal, the Netherlands and Ireland, enabling it to reduce the rate of ownership of its real estate portfolio to 20% to 25% in the medium term.
These sales help emeis to meet its real estate disposal commitments to its main banking partners, and reflect the group's determination to implement a rigorous capital allocation policy.
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