AEW completed the acquisition of Clinique du Parc from Primonial REIM.

AEW, a real estate investment and asset manager, completed the acquisition of Clinique du Parc, a health facility, from Primonial REIM, a European real estate asset management firm. Financial terms were not disclosed. “The healthcare real estate market is supported by structural trends and can offer investors attractive long-term returns. We have identified the healthcare sub-sector as an area of growth for our business as we diversify the breadth of investments which we can offer our clients. The acquisition of Clinique du Parc, a leading healthcare facility in Lyon, is aligned with our investment strategy, which aims to select high-quality assets in the health sector, operated by recognised players in the main French and European cities. Through this transaction, our clients are also investing in health infrastructure which is developing innovative technologies in France,” Jeremy Convert, AEW Head of Investments France.