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Les Charmilles – Sambreville (Belgium)

Den Brem – Rijkevorsel (Belgium)

CONSTRUCTION AND RENOVATION PROJECTS

In Belgium and in France, the Group has delivered and overseen several major projects. €41.2million have been invested in constructions, extensions and

renovations in the healthcare real estate sector.

In 2013, the Project Management team managed and/or oversaw the following main projects:

Belgium

Property

Operator

Type

of works

Number of

(additional)

beds

Surface area Actual

K-level

1

Authorised

K-level

1

(Expected)

End of

works

Parkside –

Brussels

Le Noble Age

Renovation &

extension

+ 15 beds

2,362m²

23

2

N/A

Q1 2013

Prinsenpark -

Genk

Senior Living

Group

Extension

+ 65 beds

and 22 service flats

+ 5,239m²

31

3

45

Q2 2013

Dageraad -

Antwerp

Armonea

New

construction

94 beds

5,020m²

31

45

Q2 2013

Lucie Lambert –

Halle

Orpea

Extension

+ 17 beds

+ 2,614m²

45

45

Q3 2013

Zonnetij –

Aartselaar

Senior Living

Group

Extension

Transformation of double

rooms into single rooms

+ 1,216m²

45

45

Q3 2013

Zonnewende –

Aartselaar

Senior Living

Group

Extension

Transformation of double

rooms into single rooms

+ 600m²

45

45

Q3 2013

De Couverture

(Solva) – Aalst

Senior Assist

New

construction

80 beds

and 29 service flats

7,894m²

36

45

Q1 2014

France

Property

Operator

Type

of works

Number of

(additional)

beds

Surface area Actual

K-level

1

Author-

ised

K-level

1

(Expected)

End of

works

Lo Solehl - Béziers

Korian

4

Renovation

+ 13 EHPA beds

/

/

N/A

Q2 2013

N/A: not applicable

1

K-Level: Overall thermal insulation rating of a building, indicating the quality of the building shell.

2

Only for the extension; no overall K-level for the large-scale renovation.

3

Actual K-level for the service flats and the nursing home above the service flats. The actual K-level for the extension next to the existing nursing home is K33.

4

In November2013, Korian and Medica announced their plan to merge during 2014.

Management Report /

Healthcare Real Estate

40 

/