Pro Tip: Learn how to use HBI Alerts to follow your favorite topics

Nursing Homes

 

Who will buy Casa Reha?

German nursing home group Casa Reha, with 10,000 beds has been put on sale by private equity firm HgCapital. But who will buy it, given that the two big Pan-Euro players Korian and Orpea already have established platforms in Germany?

$500m investment in Russian and East European nursing homes

French elderly care group GDP Vendôme will assist Russian property developer Glubina, to develop a network of nursing homes in Russia and Eastern Europe over seven years. It follows what look like similar deals in China for GDP Vendome and rival Orpea.

Belgian REIT Aedifica expands its German portfolio

Belgian REIT Aedifica has released its half-year results for 2014/2015. With 15 senior houses added since June 2014, the nursing home sector represents 70% of Aedifica’s portfolio. We speak to Stefaan Gielens, CEO of Aedifica, about the results and the company’s plans for the future.

REITs are sweet on healthcare

Real estate investment trusts (REITs) are switching their portfolios from office to healthcare commercial properties. Lease terms of 25-30 years and yields of roughly 6% are an attractive offering in a growing market. Underlying growth drivers in healthcare ensure long-term demand for Opco, mitigating risk for the Propco.

Move to community-based care looks risky for patients and operators

What impact will the Bubb report have on private operators? The government report, The Time for Change, published in late 2014 recommended that individuals with learning disabilities should be transferred from institutional settings to smaller houses in the community. We speak to private operators and consultants about the implications of this shift.

German care homes rating system under scrutiny

Germans are calling for reforms to the care home rating system after two elderly residents died in a highly rated nursing home over winter 2014. German Health Minister Herman Gröhe has announced a comprehensive review of the system.

HC One buys profits with Meridian

HC One is to buy Meridian Healthcare, the 32nd biggest nursing home operator in the UK. Although the size of the sale has not been disclosed, it is estimated to be in excess of €135m. Barry Nickelson, dDirector of hHealthcare at real estate surveyors JLL, tells Healthcare Europa the deal is potentially profitable, but not necessarily sustainable.

Find Us