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Health / Senior news

ActivumSG follows Instone with creation of senior care developer Carestone

Saul Goldstein's ActivumSG is creating another company, senior care home developer Carestone, in a manner similar to the Instone housing developer that it spun off last year. In a (...)

French Korian adds six Mallorcan residences to strengthen Spanish platform

Paris-based care property specialist Korian has acquired Grupo 5, a firm owning six residences on Mallorca, taking its Spanish platform to 15 with 2,160 beds five (...)

US Medical Properties Trust enters Swiss market, with $237m stake in Infracore

US REIT Medical Properties Trust has entered the Swiss market, paying $236.5m to acquire a 46% stake in healthcare real estate group Infracore amid the latter's (...)

Sweden's Catella enters French senior housing in Nice with CMW fund

Sweden-based group Catella has entered French senior housing with its Catella Modernes Wohnen Fund, acquiring a residence in Nice operated by the French Korian Group. Paying €11.5m (...)

France's oldest hospital leases section to developer Novaxia for €144m

France's oldest hospital, Hôtel-Dieu, next to Notre-Dame cathedral in Paris, has, for €144m, leased 20,000 sqm to developer Novaxia to convert into care residences and commercial (...)

French CdC bank, CA insurer, Korian partner to develop 150 senior care homes

France's Credit Agricole insurance and a bank owned by state financier CdC have formed a joint venture with the private Korian group to develop 150 new senior care (...)