Nursing Homes

 

HBI News Round Up, 21st June 2024

In this HBI News Round Up, we look at the outcome of Dutch primary care chain Co-Med’s bankruptcy hearing in the Netherlands, French real estate investor Transitions Europe’s entry into Spain’s care home sector, PE firm Columna Capital's latest €290m raise, Spanish hospital group Ribera Salud’s acquisition of Covadonga Hospital in Spain, the extension of the Greek government-backed EquiFund-2 programme to finance life sciences and healthcare start-ups, real estate investor PGIM Real Estate’s acquisition of UK senior housing provider Signature Senior Lifestyle, the first strike by public sector healthcare workers in Sweden in 16 years, and pan-Asian hospital group IHH's desire to enter Vietnam and Indonesia. 

Healthcare investment “through the bottom of the cycle” — Goldberg (Rothschild)

At last year’s conference Hedley Goldberg, Managing Director at multinational investment bank Rothschild, predicted healthcare M&A activity would begin picking up again in Q4 2023 or Q1 2024. But we’re now halfway through 2024 and there are still very few deals above €500m taking place. Goldberg is confident, however, that we have now passed through the bottom of the cycle.

emeis sells portfolio of three nursing homes to Healthcare Activos

One month after selling eleven nursing homes in the Netherlands to Bouwinvest, the multinational French care home giant, emeis, has announced another significant transaction. They have entered into a sale and leaseback agreement with Healthcare Activos, a Spanish healthcare real estate investor, valued at approximately €56 million.

HBI News Round Up, 7th June 2024

In this HBI News Round Up, we look at the recent UK cyberattack that disrupted healthcare services at hospitals and GP clinics, Sweden's 'Care Recovery Plan', the plans for the Swedish island of Gotland propose the region become a pilot area for state intervention and Australia's five-year deal with pharmacists. 

Healthcare Activos raises new fund worth €650m

Pan-European Spanish healthcare real estate investor Healthcare Activos has launched a new investment fund worth €650 million. This is the REIT’s second fund, and will, in contrast to the first fund, be primarily focused on making investments outside of Spain and Portugal. Jorge Guarner, Activos’ President and Founder, tells us more.

The UK’s missing middle market for dementia care

HBI recently reported on the looming dementia wave, which most countries are poorly equipped to tackle. In the UK in particular there is a huge gap in provision of care home places for people with dementia of medium severity. Eilert Hinrichs, Partner at L.E.K. Consulting, a strategy consultancy, recently co-authored an executive insight about this problem. He shared some ideas with us about what can be done about it.

Ireland’s nursing home bed availability declines, yet investment opportunities abound

A protest erupted last week in Nenagh, Ireland, as the Health Service Executive (HSE) and Department of Health decided to repurpose a newly constructed 50-bed community nursing home. Initially meant as a replacement for St Conlon's nursing home, the beds were redirected to ease overcrowding at University Hospital Limerick (UHL). While the HSE stated this aimed to boost bed capacity for 12 months, managed by a private operator until full staffing, residents and families expressed disappointment, anticipating a swift transition to the new nursing home.

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