After months of scandal and speculation, under-fire French elderly care group Orpea has struck a deal to restructure its debt with the help of new investors including French public sector financial institution Caisse des Dépôts (CDC).
France's third-largest elderly care operator by revenue, DomusVi, tells HBI it robustly rebuts allegations of wrongdoing made in sections of the French press this week. As rival Orpea looks to rebuild its own reputation in the face of serious allegations and fend off its creditors as its deadline looms, HBI chats to DomusVi and two French market experts to find out more.
Nursing home employees in the Netherlands are fleeing full-time, permanent jobs in droves in pursuit of more lucrative and flexible alternatives. As operators facing stiff competition from digital freelance platforms poaching their labourforce, HBI speaks to three Dutch market experts to better understand the threat.
Global investment manager AXA IM Alts (the alternative investment arm of AXA IM) has joined forces with Spanish real estate investor Grupo Lar to invest in Spanish health care real estate assets, marking its launch into the Spanish health care market.
HBI hears that French public sector financial institution Caisse des Dépôts and institutional investors are willing to invest in under-fire French elderly care group Orpea - at a price. The group wants control. With time running out, three France-based analysts share their views.
It’s been a particularly rough start to the year for public nursing homes in France. A staggering 85% of those who took part in a recent survey ended 2022 in the red and the deficit is now leading to calls for reform - and billions in additional funding from the government. HBI talks to two French market experts to find out more about what this means for the market.
Under-fire French elderly care operator Orpea could have a shareholder revolt on its hands. Unhappy with plans for massive share price dilution as the group looks to meet its debts, a group of disillusioned shareholders has suggested an alternative and is looking for support. HBI speaks to two French health care experts to learn more.
Elderly care in the Netherlands is at breaking point - fending off high costs, low margins, and perilously poor staff retention. HBI speaks to a market expert who is confident the government will act to stave off bankruptcies.
UK property consultancy and estate agency Knight Frank has released its annual report on the state of the UK’s elderly care sector. We speak to lead author, senior analyst Ryan Richards, about the sector’s recovery from Covid, the impact of the cost of living crisis and inflation, and reputational risk.
French elderly care giant Orpea continues to hit the headlines for all the wrong reasons. Over the last week, dozens of facilities were raided by the French authorities, talk continues to be rife about restructuring and potential exits, and contrary to previous assertions HBI understands the group now intends to pay back the full €56m owed to the state.