Leader in investments in private clinic facilities in France, Icade Santé is a subsidiary of Icade and institutional investors. Itrelies on its recognised expertise in healthcare real estate, long-term institutional shareholding, and control of the real estate value chain.
Icade Santé has diversified by investing in nursing homes since 2017 as well as in Europe in 2018 with an initial investment in Italy.
Icade Santé holds a portfolio of 130 healthcare facilities(as of 31/12/2019), representing €5 billion in assets (excluding duties, at 100%).
Through long-term partnerships, it supports healthcare operators to develop their activities, modernise their facilities, and meet local needs.
The expertise of Icade Santé’s teams covers real estate investment, project management for complex projects, and detailed knowledge of the challenges facing players in healthcare.
Icade Santé has two priorities looking ahead to 2022:
- Assert its international development in continental Europe and build a leading European platform in healthcare real estate.
- Strengthen its position as the number 1 healthcare property company in France in the clinic sector and continue its diversification in the nursing home sector.
Icade Santé, an undisputed leader in the sector, provides support over time for its operating partners as well as the necessary expertise to expand, modernise, and rethink their facilities according to the best technical standards. This know-how allows quality care to be offered in buildings responding to changing needs.
Thanks to its strengths, Icade Santé has developed long-term partnerships with national private hospitalisation operators, such as Elsan, Ramsay Santé, and Vivalto Santé, but also with regional groups firmly rooted in their local areas.
The framework agreement signed with the Korian group regarding senior care and services also illustrates this support. Joining forces with Icade Promotion, it is planning to build 16 new facilities (nursing homes and aftercare and rehabilitation centres) for €175 million to be delivered by 2023 in France.
Launched by Icade Santé, Ambu’Stage is the first operational service for geolocation of patients and their clothing rack
Each admitted outpatient wears a connected bracelet, allowing both staff in the outpatient unit and the operating suite to determine the precise location of the patient in real time. It enables them to obtain information to optimise the patient’s care and experience (specific stage of the procedure, assigned room, clothing rack location, etc.).
Icade Santé relies on a comprehensive real estate offering thanks to synergies with Icade Promotion’s teams, which can participate in projects to create or modernise healthcare institutions as client representative, project management assistant, planner, or turnkey property developer.
Icade Promotion also constructs buildings located around Icade Santé’s assets dedicated to healthcare activities (medical homes and consultation centres, imaging centres, etc.) on behalf of healthcare professionals or third-party investors.
Icade Santé year of creation
Number of healthcare institutions (as of 31/12/2019)
Number of partner operators as of 31/12/2018
Average lease term as of 31/12/2019
Icade’s share in Icade Santé (Dec. 31st, 2018)
Net rate of return excluding duties as of 31/12/2018
Value of Icade Santé investments in 2019
Value of Icade Santé investments in 2018
Value of Icade Santé investments in 2017
Value of Icade Santé investments in 2016
Occupancy rate (Dec. 31st, 2019)