La Française Real Estate Managers has acquired a multi-disciplinary healthcare facility in Bordeaux for €22m.
The project, purchased off-plan, will be co-developed by GCC Real Estate and WYHO Promotion, with completion expected in the second quarter of 2025. It is located on the right bank, in the Deschamps Belvédère district, which is an old industrial area undergoing considerable change.
Once complete, the facility will offer 58,425sqft over seven floors and will include a healthcare centre, a wellness centre, professional and research spaces, a restaurant and bicycle storage space.
Equipped with LED lighting, a hot water sanitation and heating system connected to the urban heating network and a dual-flow air treatment plant, the project is aiming to achieve BREEAM Very Good certification.
The asset is pre-leased under a long-term agreement to Medicina, a company that creates and manages multi-disciplinary healthcare facilities.
Jérôme Valade, head of healthcare assets at La Française REM, said: “After the acquisition of the first Medicina healthcare facility, in avenue Rockefeller in Lyon in late 2021, we are delighted to renew our partnership with Medicina, a healthcare player whose development model is fully aligned with our objective to fight against the lack of healthcare infrastructure and to improve the quality of care.
“This asset matches perfectly with our overall investment strategy in healthcare and more generally speaking with La FrançaiseREM’s sustainable approach.”
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