valuation France
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valuation France
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Our real estate experts bring you an answer adapted to your needs
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BNP Paribas Real Estate Valuation France, a simplified joint-stock company registered at 50, cours de l'Ile Seguin, 92100 Boulogne-Billancourt, acting as Controller, processes information about you for the purposes of keeping statistics and executing any requests submitted to us through the website and, in some cases, for the purpose of sending you commercial solicitations (based on your consent or any applicable regulation).
For more information about how BNP Paribas Real Estate Valuation France is processing your personal data in this context and an explanation of your rights (including a right of access, rectification, objection to direct marketing and a right to set guidelines with regards to the use of your personal data after your death, as well as, in certain circumstances, a right of erasure, restriction of processing, data portability and a right to object to other forms of processing) and BNP Paribas Real Estate Valuation France's obligations in that respect, please consult our Data Protection Notice available at : https://data-privacy.realestate.bnpparibas/
Homepage / Assets / Healthcare properties / Ehpad
Nursing homes (EHPADs) are considered as monovalent assets. They provide accommodation services (much like hotels), but also provide medical assistance to residents. These elements of dependency and medicalisation make EHPADs regulated establishments, both in terms of business operations and real estate.
In the context of an ageing population, needs are growing faster than supply. The estimation of an EHPAD depends directly on its location and the scarcity of supply in its sector as well as its operating conditions. The difficulty of obtaining the necessary approvals to open an EHPAD accentuates the shortage situation on the market, which makes nursing homes a secure product that investors appreciate.
According to INSEE, French seniors are 1 million more than ten years ago. The ageing of the French population is creating a growing need for medical facilities for the accommodation of elderly people. The nursing home sector as a whole remains under-supplied with long waiting lists for some establishments. However, the situation differs from region to region and must be analysed on a case-by-case basis.
Nursing homes continue to appeal to investors who see this type of asset as a high yield diversification property product. The demand for acquisition is all the more important because it concerns investments on a lot-by-lot basis as well as the acquisition of entire buildings. Since the nursing homes are alternative, monovalent and technical real estate assets subject to strict regulations, an informed acquisition is necessary. Our dedicated team of experts have specific knowledge (technical, regulatory, market or financial analysis) to help clients face the high complexity of nursing home valuation and provide our customers with reliable answers.
Nursing homes are considered monovalent assets. They are built with a view to specific exploitation and their conversion for another activity is often only possible with heavy construction work. The value of the premises is therefore closely linked to its operating conditions, the characteristics of the establishment and its location.
Our experts rely on valuation methods based on the ability of an operation to bear a rent compatible with the profitability of the activity being carried out. GMP (Weighted Average Gir) is also an important indicator. It measures the average level of dependency of elderly people housed in nursing homes and valuers use it to determine the amount of public funding granted to the institution in question.
Our real estate experts bring you an answer adapted to your needs
*Mandatory fields
BNP Paribas Real Estate Valuation France, a simplified joint-stock company registered at 50, cours de l'Ile Seguin, 92100 Boulogne-Billancourt, acting as Controller, processes information about you for the purposes of keeping statistics and executing any requests submitted to us through the website and, in some cases, for the purpose of sending you commercial solicitations (based on your consent or any applicable regulation).
For more information about how BNP Paribas Real Estate Valuation France is processing your personal data in this context and an explanation of your rights (including a right of access, rectification, objection to direct marketing and a right to set guidelines with regards to the use of your personal data after your death, as well as, in certain circumstances, a right of erasure, restriction of processing, data portability and a right to object to other forms of processing) and BNP Paribas Real Estate Valuation France's obligations in that respect, please consult our Data Protection Notice available at : https://data-privacy.realestate.bnpparibas/
