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;
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.
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.
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