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CapitalBay buys nursing home in Mannheim from German Red Cross

Capital Bay GmbH has acquired the “Albert-Schweitzer-Haus” nursing home in Mannheim on the Viehhofstraße 25-27 from the German Red Cross (DRK) for a mid-seven-figure sum. The retirement home, located on Viehhofstrasse in the Schwetzinger Vorstadt quarter, currently has over 100 beds and a total usable floor space of just under…

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