La Française Real Estate Managers (REM), acting on behalf of a collective real estate investment vehicle, has acquired a multi-disciplinary health clinic at 77 rue Pelleport, 75020 Paris. The value of the transaction is just over €4 million.
Completely refurbished in 2019 and located at the foot of the building, the multi-disciplinary health clinic covers more than 400 m2 spread over two levels and offers consultation rooms, an ultrasound room and physiotherapy facilities. The clinic enjoys a prime location in the heart of Paris, close to avenue Gambetta and public transport links (line 3bis - Saint-Fargeau and Pelleport stops).
The asset is 100% leased to an inter-professional outpatient care company, comprising 11 practices that work closely with the TENON hospital. It offers a comprehensive, coordinated care package to improve patients' care pathways: GPs, ENT specialists (vertigo and hearing problems), endocrinologists, physiotherapists, midwives and nurses.
Jérôme Valade, Head of Healthcare Assets at La Française REM concluded: "This fully refurbished multi-disciplinary health clinic is centrally located within Paris, close to transport links and in the vicinity of the TENON hotel - enabling a strong transfer of activity from the hospital. It is a good illustration of our investment strategy, which gives priority to well-located, multi-disciplinary urban medical assets that can be converted to meet the need for local primary care.
For this acquisition, La Française REM was advised by the firm 14 Pyramides for the notarial audit, by Jeantet for the legal audit and by ISOME for the technical and ESG audit.
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