Newly elected President Hollande’s manifesto has sixty points and just one of them covers healthcare so specifics are thin on the ground. What is clear is that he intends to close tax loop holes and increase taxes for the wealthy as high as 75% and spend the extra money mainly on education but also partly […]
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Icade plans to double fund and float France’s first healthcare REIT
Icade, the big French REIT plans to launch a separate healthcare REIT. Meanwhile, BNP Real Estate Investments is close to buying the healthcare part of Fonciere des Murs. Nathalie Palladitcheff, CFO at Icade, said that the plan was to grown the healthcare arm, set up in 2006, from €1.3bn to at least €2bn. But Francoise […]
French government slows rate of growth in healthcare budget
The French government has said it will seek to reduce the rate of growth of healthcare services to 2.5% in 2012, down from 2.8-2.9% in 2011. What are the implications of this? Stephan Pichon at Paris-based adviser Your Consult said the government plans to force doctors to prescibe generics more often and to reduce drug […]
Healthcare property attracts crowds at MIPIM
There was huge interest in healthcare as an asset class at Mipim, the big international conference for institutional property investors held in Cannes, according to Stephane Pichon, CEO of French consultancy Your Care Consult, who ran a session on the subject, comparing yields on healthcare to retail and office. Pichon said: “The room was crammed […]
French nursing home real estate will be hot property in 2018
We hear from several industry players that real estate trading will pick up in French nursing homes in 2018 after 2017 saw more deals in the hospital sector. Stephane Pichon of healthcare real estate advisory firm Your Care Consult says he is aware of several large deals in nursing homes that should be concluded this […]
French healthcare regions “to cut hospital costs by a third in five years”
The story going the rounds in France is that the new healthcare regions chief task is to cut hospitals costs by a third in five years.The story going the rounds in France is that the new healthcare regions chief task is to cut hospitals costs by a third in five years. One source said: “It […]
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