French developer Icade has won a new private-public partnership contract for the construction, maintenance and financing of a new 31,000 m[sup]2[/sup] medical centre on the Brabois site in Nancy, northeastern France. The company was awarded the 32-year contract by the CHU of Nancy, a network of 14 medical clinics chaired by Nancy mayor Andre Rossinot. The project's investment value comes to EUR 70 mln.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
