Clearwater International advises Fonciere des Regions on the sale of its healthcare portfolio to Primonial REIM

Foncière des Régions announces the signing of a sale agreement with Primonial REIM on its healthcare real estate portfolio.

Clearwater International advised Foncière des Régions in the strategic analysis of the portfolio, the research of interested investors, the organisation of due diligences and the negotiations with potential buyers.

This healthcare portfolio is comprised of 26 facilities – mainly nursing homes leased to Korian – located on the French territory and acquired by Foncière des Régions between 2004 and 2005.

Foncière des Régions is one of the main real estate investors in the European market with a total property valued at €18bn.

The team was led by partner Laurent Camilli, head of Real Estate with the support of director Julie Duvillier-Raoul and associate Aubert Simonnot.