Clariane signs a new long-term real estate equity partnership

• Amundi Immobilier, Covéa, Crédit Agricole Assurances and Malakoff Humanis invest € 120 million into the capital of a new Clariane-controlled real estate vehicle
• A pan-European portfolio valued c. € 500 million, in line with expert valuation
• A 15-year partnership

Clariane, the leading European community in care, healthcare and hospitality in times of vulnerability, announces the long-term capital investment of a group of investors composed of Amundi Immobilier, Covéa, Crédit Agricole Assurances and Malakoff Humanis, into a real estate vehicle holding a pan-European portfolio of 46 assets, valued c.€ 500 million according to the latest expertise. 

The investors hold 42% of the vehicle capital, for a €120m investment completed today.

This new partnership of 15 years, with a possible extension, is part of Clariane’s Asset Smart financing strategy, and follows similar transactions completed with BNPP Cardif and EDF Invest in 2020, and BAE Systems Pension Funds in 2021. It enables Clariane to leverage once again its attractive and liquid operated portfolio, and confirms the Group capability to regularly access equity financing, supporting its mid-term trajectory of financial deleveraging.