Investment strategy
Primonial REIM France has been a pioneer in healthcare property investment.
They started to diversify into this asset class in 2012 and then enacted a strategic switch over in 2016 with two major operations:
- Gecimed: the share deal acquisition of a portfolio including 66 French healthcare establishments (EHPAD - retirement homes, MCO and SSR clinics) for a total of €1.24 Billion, for a property investment return on acquisition of 5.9%;
- Panacea: the share deal acquisition of a portfolio including 68 German healthcare establishments for a total of €990 Million, for a property investment return on acquisition of 6%
Primonial REIM France is currently the leading European company in healthcare real-estate with more than €6 billion in managed assets in France, Germany, Italy, Spain and Ireland.
We have based our investment strategy around 3 main principles:
- Global: we work with all of the property asset classes in healthcare (long, medium and short stay) and education (kindergarten, schools, etc.) throughout the Euro Zone;
- Development: we also position ourselves on new (brownfield or greenfield) asset development operations, such that they can guarantee a recurring investment pipeline and modernise portfolios at the same time
- Partnership: we are developing long-term partnerships with national and international operators in order to support them in their development in this high consolidation M&A market;
They started to diversify into this asset class in 2012 and then enacted a strategic switch over in 2016 with two major operations:
- Gecimed: the share deal acquisition of a portfolio including 66 French healthcare establishments (EHPAD - retirement homes, MCO and SSR clinics) for a total of €1.24 Billion, for a property investment return on acquisition of 5.9%;
- Panacea: the share deal acquisition of a portfolio including 68 German healthcare establishments for a total of €990 Million, for a property investment return on acquisition of 6%
Primonial REIM France is currently the leading European company in healthcare real-estate with more than €6 billion in managed assets in France, Germany, Italy, Spain and Ireland.
We have based our investment strategy around 3 main principles:
- Global: we work with all of the property asset classes in healthcare (long, medium and short stay) and education (kindergarten, schools, etc.) throughout the Euro Zone;
- Development: we also position ourselves on new (brownfield or greenfield) asset development operations, such that they can guarantee a recurring investment pipeline and modernise portfolios at the same time
- Partnership: we are developing long-term partnerships with national and international operators in order to support them in their development in this high consolidation M&A market;
The team
An internal management team dedicated to the acquisition and asset management of healthcare and education assets under the management of Yann BALAY.
10 years of experience
Investments team: 4 people
11 years of experience
Asset management team: 5 people
- Thematic study
From Healthcare real estate to the well-being society
The continuing demographic pressure and rapid ageing of the population are creating needs that make investment in healthcare infrastructure an absolute necessity.
- Thematic study
European real estate in asset allocation: new world, new model
The study analyses the optimal share to allocate between countries and between asset classes according to the desired strategy and the existing mechanisms.
- Thematic study
Healthcare real estate in a post-covid world
The ongoing pandemic crisis has highlighted the need to expand healthcare real estate infrastructure. Investment in healthcare infrastructure is at the intersection of major social and environmental challenges.
et Firefox 