AXA IM acquires €250m care home portfolio

Paris

AXA IM - Real Assets has acquired a portfolio of care homes in Paris, France, via financial lease agreements in a deal worth €250m (£219m).

The fully occupied portfolio, which was acquired from GDP VENDOME Group, comprises eight modern nursing homes totaling over 437,000 sq ft and 815 care beds. The eight homes are located in Parisian suburbs including Asnières, Maisons-Laffitte, St Cloud, and Sèvres. All eight properties are exclusively tenanted and operated by one of the largest private nursing home operators in Europe.

This is premium content

You must be logged in to view premium stories.

Gated access promo

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

To get access to premium content subscribe today

Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts

If you are already a registered user or a subscriber you can SIGN IN now