La Fran莽aise Real Estate Managers (REM) has added a senior co-living property in France to its portfolio.
The manager has invested an unspecified sum to acquire the property at 13 Avenue du G茅n茅ral Leclerc, Choisy-le-Roi 94, leased to Chez Jeannette for 12 years.
La Fran莽aise REM said that the late 19th-century townhouse, featuring a central building with two extending pavilions, will be transformed into a 12-resident serviced shared senior living facility.
J茅r么me Valade, director of La Fran莽aise REM鈥檚 healthcare real estate division, said the refurbishment involves restorations and improvements that will enhance the environmental performance of the property.
鈥淲e are delighted to renew this transformation experience alongside Chez Jeannette, an operator with whom we share a common vision of senior caregiving,鈥� he added.
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