Healthcare and education property

Our conviction

Praemia REIM is Europe’s leading healthcare property asset manager.

The demand for hospital treatment is subject to constant growth in the West, the same also applies to care homes for the aged. Statistics show that the population of over 65s in Europe will double by 2050. Healthcare property must respond to a very high demand from governments, especially regarding care services associated with the major social issue of aged people when they begin to lose their independence. We have forecast a very significant increase in the demand for healthcare property by 2025.

Investment strategy

Praemia 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%

Praemia 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.

Directeur Développement Institutionnel
Julie Duvillier-Raoul Corporate Finance & Institutional Development Director



Julie.Duvillier-Raoul@praemiareim.com

Responsable Investissements Santé-Education
Yann BALAY Healthcare-Education Investment Manager

10 years of experience
Investments team: 4 people

Healthcare-Education Asset Management Manager
Saada ANNAN Healthcare-Education Asset Management Manager

11 years of experience
Asset management team: 5 people

Our publications

From Healthcare real estate to the well-being society
  • Thematic study

From Healthcare real estate to the well-being society

18/04/2023 By Henry-Aurélien Natter

The continuing demographic pressure and rapid ageing of the population are creating needs that make investment in healthcare infrastructure an absolute necessity.

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European real estate in asset allocation: new world, new model
  • Thematic study

European real estate in asset allocation: new world, new model

27/06/2022 By Henry-Aurélien Natter, Adrien Isidore

The study analyses the optimal share to allocate between countries and between asset classes according to the desired strategy and the existing mechanisms.

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Healthcare real estate in a post-covid world
  • Thematic study

Healthcare real estate in a post-covid world

06/07/2021 By Henry-Aurélien Natter

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.

Read the study