AXA Investment Managers expands in France

Andrew Ovey, head of healthcare at AXA IM-RA
Andrew Ovey, head of healthcare at AXA IM-RA

The owner of the Retirement Villages Group Ltd has bought a portfolio of care homes in Paris in France for an undisclosed sum. The eight nursing homes, which are valued at €250m (£220m), were acquired by AXA Investment Managers – Real Assets (AXA IM) from real estate manager GDP VENDOME Group. The homes span over…

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