An ageing population is not limited to France but affects a large number of countries, both in Europe and beyond. In China, for example, those over 65 will account for about one-quarter of the population by 2050 (source: United Nations).
The senior living facilities:
a stepping stone towards internationalisation
Unlike France, where the separation of the medico-social sector from the private sector by the public authorities has allowed the emergence of the concept of senior residences, these countries have a limited number of housing solutions adapted to independent seniors.
It is therefore through the creation and operation of senior residences abroad that ÆGIDE has initiated the internationalization of its activities. Already present in Belgium and Italy, the Group will soon set up operations in Spain, in Reus, in the province of Tarragona, and in Portugal, in Vilamoura, in the Algarve region, and in Villa Nova de Gaia, in the Northern region. In order to complete its European network, the Group also plans to expand in Germany, Luxembourg, Switzerland, etc. It intends to continue to diversify its location strategy through management contracts.
Following the signing of the joint venture agreement with Ascott in 2020, DOMITYS has launched numerous projects in Asia. A first residence will open in the summer of 2022 in Bangsar, a residential suburb of Kuala Lumpur in Malaysia. Other projects should follow in this country, but also in Thailand and China. In particular, a project has been signed in Ningbo, a Chinese port city that will host a 500-unit DOMITYS residence by the end of 2023.
senior living facilities abroad
by the end of 2021
of residence stock operated
abroad by 2024
Three priority geographical areas
The Group is capitalising on the strength of its concept and is forming partnerships to export its model of residences to three areas identified as priorities. ÆGIDE thus contributes to the export of French knowledge in the advanced age sector.
ÆGIDE intends to develop in this geographical area where needs are numerous, in particular in China, Thailand and Malaysia in the medium term.
France, Belgium, Germany, Italy, Spain, Portugal…