Healthcare

Following the exclusivity agreement signed on March 13th, 2023, Primonial REIM is announcing the closing of the first phase of the acquisition of 64% of Icade's stake in Icade Santé for €1.4 billion.

Samhällsbyggnadsbolaget i Norden AB (SBB) has today sold eight properties in Linköping to municipality-owned Lejonfastigheter. The properties currently house LSS residential and nursing homes.

Assura announces the practical completion of its 100th development – Prestbury Medical Centre in Wolverhampton – as it marks two decades of developing healthcare infrastructure in the UK.

TSC Real Estate has purchased the clinic “Klinik an der Weißenburg” in Thuringia for a Luxembourg-based fund. The seller is a closed-end fund. The euro purchase price is a figure in the low tens of millions. TSC Real Estate is the exclusive investment manager for the fund and has a long-term asset and property management mand...

Care Property Invest completes the Sterrenwacht project in Middelburg (province of Zeeland). The building housed the Observatory Philippus Lansbergen until a few years ago and was redeveloped by the Company into a care residence with 25 spacious studios. The project has a total investment value of approximately €6.5 million.

Care Property Invest announces the acquisition of the ‘Golden Years Oldenbarnevelt' project, an up-and-running care residence in the green outskirts of the Dutch port city Rotterdam.

Icade has signed the binding Sale and Purchase Agreement (SPA) with Primonial REIM and the minority shareholders of both Icade Santé1 and IHE. This represents another important milestone in the sale of its entire healthcare property portfolio worth a total of €2.6bn based on EPRA NTA as of December 31, 2022.

AXA IM Alts announces its entry to the Italian elderly care home market with the forward-purchase, on behalf of clients, of a six-asset portfolio from a real estate investment fund managed by Namira SGR. Numeria Servizi Generali Real Estate covered the role of vendor’s advisor and will continue to assist on this project durin...

This month, Care Property Invest completed the „Emera Mostoles“ project, a brand-new residential care centre in the Spanish capital Madrid. The project, commissioned by the Company and built by Alta Real Estate S.L. (part of the Habescon Immobiliaria group), has 148 rooms and represents a total investment of around €12 millio...

Responsible investment manager Downing LLP has provided a pre-development bridging loan of £16.4 million to finance the acquisition of two care home development sites in Essex and London for a term of 15 months. The facility was agreed upon and completed in around six weeks to meet the borrower’s tight timescales.

Christie & Co has appointed Marlon Schramm as new Head of Healthcare Germany. This strategic hire is part of Christie & Co's ongoing commitment to expanding its healthcare activities, with a particular focus on the German market.

On 1 June 2023, as part of its asset rotation programme, Aedifica signed an agreement to sell a portfolio of 10 buildings in Finland to optimise the composition of its property portfolio. The transaction is expected to be completed by the end of June 2023.

NREP NSF V Fund has completed the acquisition of a portfolio of 22 properties for approx. €420 million across Sweden, for management by its social infrastructure platform Altura. The portfolio was acquired from Vectura and is comprised of 20 care homes and two pre-schools, and the deal represents Sweden’s largest ever transac...

The Hamburg real estate company Five Quarters Real Estate AG (5QRE) continues its investment strategy. The purchase agreement for the construction of a nursing home in Schkeuditz, Saxony, was signed for the "5QRE Healthcare Infrastructure Deutschland 01“ fund.

Care Property Invest successfully completed the acquisition of the Saamborgh Ruurlo project, a sustainable residential care complex in the Gelderland municipality of Ruurlo (Berkelland). The recently completed project has an investment value of approximately €5.3 million and accommodates 23 residents.

Catella European Residential (CER), the German public open-ended real estate fund, has acquired a 14,000 sqm waterfront development of 137 senior living apartments distributed across four buildings on Lake Zwenkau on the southern edge of Leipzig for approximately €50 million.

Institutional investors expect purchase prices to fall in the short term and rents to rise in the short-to-medium term in the German healthcare property market. Real estate investors are increasingly looking to acquire nursing homes, senior residences, rehabilitation clinics, medical centres and medical care centres. These ar...

Care Property Invest completed the purchase of the BoCasa project, an up-and-running residential care complex in Bolderberg, located in the Belgian municipality of Heusden-Zolder. The complex is operated by the care group Vulpia and includes a residential care centre with a capacity of 95 residents as well as 51 assisted livi...