BNP Paribas Real Estate Investment Management (REIM) has been working in the healthcare real estate sector for 12 years and has confirmed its expertise and leadership with a portfolio of nearly 80 establishments in Europe.
The significant milestone of € 1bn AUM is approaching for the Healthcare Property Fund Europe (HPF Europe), the pan-European investment platform for this sector launched in March 2020. There are three main drivers behind this success:
- A policy of diversifying investment across the different types of healthcare real estate;
- Broad geographical exposure in Europe (established in 5 countries);
- A long-term partnership approach with operating leaseholders.
- BNP Paribas REIM: a benchmark player in the healthcare sector
It was a year of growth for BNP Paribas REIM in the pan-European healthcare real estate sector: the milestones of € 1bn inflows and € 2bn in investments and disposals were both passed in 2022. The management company is therefore reaffirming its commitment to this asset category, which began in 2011 with the creation of Health Property Fund 1, the first OPPCI dedicated to the healthcare sector managed by BNP Paribas REIM.
Over the last twelve years, BNP Paribas REIM has brought together some 60 European investors to pursue its investment strategy in the healthcare sector. During that period, it has built up a portfolio of nearly 80 establishments across Europe, operated by over twenty leading commercial or non-profit occupier groups. In terms of rental management, around thirty leases have also been renewed over the last five years and some ten health establishments are currently being built or extended in Spain, Germany, Italy and France, with a view to developing the healthcare offer.
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