La Française Real Estate Managers (REM) has added a senior co-living property in France to its portfolio.
The manager has invested an unspecified sum to acquire the property at 13 Avenue du Général Leclerc, Choisy-le-Roi 94, leased to Chez Jeannette for 12 years.
La Française REM said that the late 19th-century townhouse, featuring a central building with two extending pavilions, will be transformed into a 12-resident serviced shared senior living facility.
Jérôme Valade, director of La Française REM’s healthcare real estate division, said the refurbishment involves restorations and improvements that will enhance the environmental performance of the property.
“We are delighted to renew this transformation experience alongside Chez Jeannette, an operator with whom we share a common vision of senior caregiving,” he added.
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