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Icade Santé Could Seek Outside Partners, Les Echos Says

Icade (ICAD) Santé, the health-care facilities subsidiary of French real-estate group Icade, may open as much as 49% of its capital to outside partners, Les Echos reported, citing Icade Chief Executive and Icade Sante President Serge Grzybowski.

Icade Santé owns about 30 properties including hospitals, clinics, and nursing homes valued at a combined 1.2 billion euros ($1.67 billion), Les Echos said.

Link to Les Echos article: www.leseschos.fr

To contact the reporter on this story: Carol Matlack in Paris at cmatlack@bloomberg.net

To contact the editor responsible for this story: Colin Keatinge at ckeatinge@bloomberg.net

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