Parkway Life Reit Acquired Three French Nursing Homes
The real estate investment trust expanded its European footprint with a 38.8 million euro deal for regional facilities.
Updated on Oct. 14, 2026 in Commercial
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Parkway Life Reit has purchased three nursing homes in the Provence-Alpes-Cote d'Azur region of France for 38.8 million euros. This debt-funded acquisition, expected to close by December 2026, will be leased back to the operator DomusVi Group.
Why it matters
This deal serves to grow the portfolio of the Singapore-based Reit in the French market while utilizing long-term lease structures to provide a hedge against inflation. The transaction marks a continued expansion of the trust's international real estate holdings.
The 38.8 million euro acquisition represents approximately 43.5 million US dollars in purchase price. Following the deal, the Reit expects its aggregate leverage to rise to 35.3 percent, up from 33.8 percent as of June 30, 2026.
The players
Parkway Life Reit
A Singapore-based real estate investment trust that manages healthcare-related properties including hospitals and nursing homes.
DomusVi Group
A healthcare provider and nursing home operator that leases facilities from property owners.
The details
The transaction involves a sale-and-leaseback arrangement where the properties will be leased to the existing operator, DomusVi Group, for 12-year terms. By securing these long-term agreements, the Reit aims to stabilize its revenue streams against inflationary pressures. This addition brings the total French portfolio to 14 properties, which will account for 10 percent of the Reit's total assets under management.
Timeline
2024: Parkway Life Reit made its first investment in Europe.
June 2026: The trust sold a nursing home property located in Japan.
June 30, 2026: The Reit's aggregate leverage stood at 33.8 percent.
December 2026: Expected completion of the nursing home acquisition.
Money Landscape
This transaction follows the pattern set by the Reit's initial expansion into Europe in 2024. It continues the firm's strategic focus on international healthcare real estate to diversify its assets beyond the home market of Singapore.
For household decision-makers, this move highlights the importance of real estate diversification strategies that include inflation-hedging leases. Consult with a qualified financial professional to understand how international Reit holdings may fit into a broader investment portfolio.
The takeaway
Large-scale institutional real estate acquisitions often use leaseback structures to create long-term stability and hedge against market volatility. Monitor your own investment portfolio's exposure to international healthcare sectors through periodic statements or with a professional advisor.
What happens next
The acquisition of the three French nursing homes is expected to be completed by December 2026.
Further reading
Learn more about the latest Commercial real estate developments and investment trends.
Source note: This article includes information reported by The Business Times.
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