The French Riviera Masters is the only French tournament belonging to the European Senior Tour with the support of the French Golf Federation (FFG). The top 72 international senior professional golf players take part. The 4th French Riviera Masters will take place from September, 20 to 22, 2013 on the magnificent Terre Blanch golf resort. […]
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A new French hospital super-group?
The shareholders of Generale de Sante, the largest French hospital group, have appointed Rothschild to assess strategic options. Meanwhile, Medi-Partenaires is in talks with another group. Could this lead to the long-awaited consolidation of the French hospital sector? We are told that the main shareholders of Generale de Sante are keen to find a solution […]
Your Care advises Gecimed in the disposal of the real estate of four clinics for €80M
On April 3, 2013, Gecimed, Gecina’s subsidiary dedicated to healthcare real estate, finalized the sale to a healthcare fund OPCI managed by BNP Paribas REIM France of a portfolio consisting of four clinics operated by Générale de Santé, including three short-stay acute care facilities and one psychiatric facility. These assets total more than 720 beds […]
First deal made in French secondary market
What is believed to be the first deal in the secondary market for French acute hospitals has been struck by Gecimed, the healthcare arm of property REIT Gecina. Gecina, a quoted French REIT, has sold a portfolio of three acute hospitals and one psychiatric hospital to the BNP Paribas fund run by Jean-Maxime Jouis. Whilst […]
MIPIM conference reveals opportunities
Total healthcare and elderly care spending now represents 9% of the world’s $70 trillion GDP, yet the healthcare real estate session at MIPIM, the international property exhibition, attracted just 90 out of MIPIM’s 20,000 delegates. But Stephane Pichon, who organised the session and calculated that 9% statistic from OECD data, said he wasn’t at all […]
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