Your Care

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 […]

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 […]

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 […]

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 […]