Property Investors

 

French municipalities seek to privatise care homes

Municipality-owned French care homes are in crisis. Tired, old buildings, with low tariffs and now, following Covid, far lower occupancy rates are leading many to consider the unthinkable: privatisation.

Icade Sante adds first not-for-profit asset

Non-profits continue to open up to sale-and-leasebacks after Icade Sante bought its first property from the sector. HBI explores where else the big REITs have diversified away from for-profits. 

Investing in Health Care Property

Property investors have fled to health care over the pandemic and are now exploring opportunities far beyond “safe” North American and West European markets. How large are these opportunities and how far are West European countries developing into mature, secondary markets? Where, and how, is the immense public sector opening up to deals with investors? […]

NMC sells Aspen opco to NorthWest

Canadian REIT NorthWest Healthcare Properties has acquired hospital operator Aspen Healthcare UK Limited from NMC Health, a year after it bought the bulk of its real estate. It mirrors what happened to larger UK chain BMI Healthcare three years ago. 

Mubadala and GIC in talks to buy Spanish REIT

Mubadala and GIC, the sovereign wealth funds of Abu Dhabi and Singapore, are in talks for a joint takeover of Spanish REIT Healthcare Activos Yield just nine months after it listed in Paris. 

Interview: Ray Berglund and Dominic Orchard, Alvarez and Marsal

The pandemic is causing many businesses and their investors to reassess their plans - and their portfolios. HBI speaks to Ray Berglund, Head of European Healthcare and Life Sciences at management consultants Alvarez & Marsal, and his colleague and Managing Director Dominic Orchard, about why they have never been busier, and the clear trend they are seeing towards carve-outs.

NMC Health’s Aspen disposal could end with propco takeover

In-administration GCC group NMC Health's attempt to offload UK hospital chain Aspen Healthcare looks to have stalled. An advisor says the opco could be taken over by propco owner NorthWest Healthcare Properties, echoing what happened to the largest operator BMI Healthcare just two years ago.

Swiss Life buys German care home portfolio

Luxembourg-based private equity firm Threestones Capital has sold its portfolio of 27 German care home properties to real estate manager Swiss Life Asset Managers for €425m.

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