Ribera Salud, the beleaguered hospital management group, is trying to sell its rights at the administrative concession Torrejon de Ardoz in Madrid. This is a long-term contract for nearly 20 years to run and operate this large new hospital.
Investment bankers SEB and JP Morgan are doing soft pre-marketing to selected private equity funds, say informed sources, at a lower than expected price.
Healthcare property fund IMMAC Capital with over €1bn under management in Germany and Austria, is scoping out potential deals in the UK, while mulling over entering the Dutch and Belgian markets. We spoke to Immac to find out their thoughts on the market.
British real estate investment firm MedicX has indefinitely postponed plans to create a first European fund. German-Dutch fund manager Euro Ejendomme has decided to abandon healthcare altogether. We talk to the companies to find out why - and whether this bodes poorly for the healthcare real estate market.
Rumours that Korian and Medica, two of the big four French care groups, are set to merge are growing. The departure of Rosemarie van Leerbergh as CEO of Korian at the start of the year is widely perceived as having been driven by her refusal to work on merger plans.
As expected, Doughty Hanson has agreed to acquire a stake of around 40% in Spanish hospital group Grupo Hospitalario Quirón. The business will be merged with Doughty’s existing Spanish hospital investment USP Hospitales bought earlier in 2012.
The IPO of Domus Vi, the merger of the French nursing home interests of entrepreneurs Jean Francois Gobertin and Yves Journel, has been postponed to 2014 or 2015. But rumours that the group - with 16,000 beds probably the largest in France - is to be split up are wide of the mark, says CEO Jean Francois Vitoux.
Icade, the big French REIT plans to launch a separate healthcare REIT. Meanwhile, BNP Real Estate Investments, an offshoot of France's largest bank, is buying some healthcare assets from Fonciere des Murs to start a dedicated healthcare fund....
Annual DRG rates in France increased by just 0.19% in March 2012 for the private sector. Overall, volume growth for all procedures rose just 2.6% in 2011. So what does this mean for the private sector?...
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