La Française Real Estate Managers (REM), on behalf of collective real estate investment fund LF Avenir Sante, has acquired the premises of the Clinique Mont-Louis for close to €34 mln.
Located at 8-10 rue de la Folie-Regnault in the 11e arrondissement of Paris, the clinic (ground floor plus 9 floors and 3 basement levels) has 159 beds, 9 surgical theatres and 3 endoscopy units.
The total surface area is 6,976 m2, of which 2,729 m2 are in the basement.
The public-access building (category 3, U-type), is operated by the OC Santé group, the leading independent health group in France’s Occitanie region.
Clinique Mont-Louis is very close to public transport, near metro stations on lines 9 (Charonne) and 2 (Philippe Auguste).
Jérôme Valade, head of healthcare assets at La Française REM, said: ‘Medical, surgical and obstetrics clinics are the backbone of the healthcare system in France, alongside university hospitals. They play an active role in the medical care of the entire population. On the real estate side, the Medical, Surgical and Obstetrics market is a niche market. With this transaction, La Française REM demonstrates its ability to be a key player on this market, normally reserved for specialists. Alongside this highly positive development, we are strengthening our teams and we would like to welcome Nicolas Monnier as Asset Manager, specialising in healthcare assets.’
More than 100 doctors and surgeons work at the Clinique Mont-Louis, where some 19,000 operations are carried out each year.
La Française REM intends to improve the ESG positioning of the asset.
The buyer was advised by Adama Conseil & Transactions (operational due-diligence), Allez & Associes (notarial aspects), Archers (legal) and Artelia (technical and ESG-related aspects).
