La Française REM Acquires Senior Co-Living Residence in Choisy-le-Roi
Deal News | Apr 03, 2025 | La Francaise REM SAS
La Française Real Estate Managers (REM) has made a strategic off-market acquisition of a senior co-living residence in Choisy-le-Roi, positioning themselves at the forefront of innovative senior care housing. This investment, made on behalf of a collective real estate investment vehicle, encompasses a historically valuable townhouse from the late 19th century. The property, operated by Chez Jeannette under a 12-year lease agreement, will undergo significant renovations to enhance its energy performance and convert it into shared senior housing. This move highlights La Française REM's commitment to combining real estate investments with sustainability and societal impact. Assisted by firms like 14 PYRAMIDES and ARCHERS, La Française REM continues to expand its healthcare division with projects that align with their values of performance and sustainability across asset classes. This acquisition further emphasizes La Française REM's expertise and commitment to responsible investing as backed by their parent company, Crédit Mutuel Alliance Fédérale.
Sectors
- Real Estate Investment
- Senior Care
Geography
- France – The acquired property and the operations of La Française REM are based in France, specifically in the Île-de-France region.
- Choisy-le-Roi – This is the specific location of the acquired senior co-living residence property in the Île-de-France region.
Industry
- Real Estate Investment – The transaction involves the acquisition of a real estate property by a fund managed by La Française REM.
- Senior Care – The property acquisition focuses on transforming a historic building into a co-living space for seniors, addressing the needs of an aging population.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| La Française Real Estate Managers (REM) | Buyer | Company | A division of La Française that handles real estate acquisitions and management. |
| Chez Jeannette | Operator | Company | The operator of the acquired senior co-living residence under a 12-year lease. |
| Crédit Mutuel Alliance Fédérale | Shareholder | Company | The parent company of La Française, known for its commitment to responsible investing. |
| 14 PYRAMIDES | Legal Advisor | Company | Provided legal advice for the acquisition. |
| ARCHERS | Legal Advisor | Company | Assisted in legal advice for the acquisition. |
| NERCO | Consultant | Company | Provided consultancy for the acquisition. |