La Française Real Estate Managers (REM), acting on behalf of a collective real estate investment vehicle, has acquired, as a sale before completion transaction, a healthcare centre with a total surface area of 1,937 sqm in the “Bauer Box", an urban development project in Saint-Ouen (93).
Located in a fast developing urban area behind the north stand of the Bauer stadium, near the future university hospital Grand Paris-Nord in Saint-Ouen and 10 minutes from the Mairie de Saint-Ouen (Metro line 14) and Garibaldi (Metro line 13) metro stations, the "Bauer Box" is the epicentre of a project which aims to redevelop the neighbourhood around the Bauer stadium and to establish pedestrian zones open to the public in order to create a concentration of amenities and services. Developed by the REALITES Group, a winner of the “Imaginons la Métropole du Grand Paris” contest in June of 2019, the "Bauer Box" is a mixed programme of 30 000 sqm, including 7 000 sqm of office space, 5 000 sqm for a school, a coliving facility with 334 rooms, shops, a concert hall, restaurants and a multidisciplinary healthcare center.
The premises covered by the sale, which also include a 101 sqm healthcare store at the foot of the building and four parking spaces equipped with charging stations for electric vehicles, will meet the latest environmental standards. The ground and first floors will be certified as "HQE Bâtiment Durable Tertiaire level Excellent" and "BREEAM International New Construction level Excellent", and the dedicated space in the basement certified "BREEAM level Very Good". The common areas of the real estate complex will include a bicycle room with showers and lockers, green roofs, wildlife-friendly facilities and 600 sqm of green space. Delivery is scheduled for 31 December 2025.
The healthcare centre will offer a multidisciplinary medical centre (G+1) as well as a sports-health centre (G-2) offering professional physiotherapy, osteopathy and sports medicine sessions. The centre will be leased to Vista Santé, a trademark of the REALITES Group, under a 12-year fixed lease. Vista Santé organizes with healthcare professionals, such as sports doctors, cardiologists and physiotherapists, personalized sessions around prevention through adapted physical therapy, return-to-sport preparation, recovery after injury, etc. REALITES is a regional development group which has a strong focus on people and acts as a bridge between innovative concepts of use and real estate solutions.
Download the PDF here