IPE Real Estate
The deal, which was initially announced in December, will likely complete on May 4, 2009. The majority of the properties are retirement homes, care homes and schools.
In December, AP3 chief executive Kerstin Hessius, said the deal was desirable as the properties were in low-risk, stable long-term sectors. "Return on this type of land is relatively uncorrelated with shares and interest rates, which gives a positive diversification of our portfolio," she said.
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