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Nursing Homes

 

Orpea’s share price dips after deal investigation

Orpea, the largest Europe-based elderly care group by revenue, saw its share price fall sharply last Tuesday following reporting by Challenges, a French magazine, that a deal involving the group was under investigation by the National Financial Prosecutor’s Office (PNF) - but Orpea is keen to stress it is not they who are being investigated.

Icade Sante book ‘not hugely oversubscribed’

REIT Icade had only covered the book of Icade Sante by 1.25x the €800m it was hoping to raise, HBI is told. Earlier this week it permanently postponed an IPO citing volatile markets. 

Icade Sante delays IPO due to market uncertainty

French healthcare property group Icade Sante said yesterday (Thursday, September 30) that it was delaying its IPO due to volatile market conditions, putting back one of the biggest healthcare property transactions this year. HBI talks to a market expert to find out more.

HBI 2021: 40% of elderly care in France is short-stays

Four in ten nursing home residents in France are on short-stays according to an EU-based operator at HBI 2021. Covid-driven trends as the elderly care sector recovers was the other hot topic of conversation.

HBI 2021: Korian CEO ‘doesn’t want to take company global’

Sophie Boissard, the CEO of pan-European elderly care group Korian, does not want to take the group into a multiplicity of markets, she told delegates at HBI 2021. The stance is in contrast to Bupa and Helios, who are building asset-light digital touchpoints to reach more global customers. 

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