France's Colisee to tap China's elderly care biz
A joint venture of French nursing home operator Colisee Group plans to open its first Chinese complex in Guangzhou, Guangdong province, in January next year as a starting point for its ambition to tap the rapidly growing demand for elderly care services in the country.
The high-end medical nursing home by joint venture Guangzhou China Merchants - Colisee Senior Care Service Co Ltd combines independent living communities, assisted living facilities, nursing homes and care options to provide a "continuum of care" for residents, said General Manager Olivier Dessajan.
In the 12,000-square-meter, 132-bed facility in Panyu district, a joint venture with China Merchants Shekou Holdings Co Ltd, 66 beds will be dedicated to those with Alzheimer's disease or other associated diseases.
