The AP-HP had to separate from a private mansion to finance the renovation of the Hôtel-Dieu.

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Francois Mori / AP / SIPA

The Assistance publique-Hôpitaux de Paris (AP-HP) announced on Monday the sale of a mansion for more than 60 million euros, part of which will be used to finance the renovation work of the Hôtel-Dieu, him also already partially sold to a real estate developer.

The yellow coins will change the piggy bank.

The Scipion hotel, in the 5th arrondissement, which houses, among others, the Fondation Hôpitaux de Paris-Hôpitaux de France, was sold on Friday to the French group GDG Investissements, selected "following a public consultation procedure launched in 2019 “, Specifies the AP-HP in a press release.

Project of an international campus

Built in the 16th century, the former home of Catherine de Medici's banker, transformed into a hospice in the 17th century, then into the central bakery of Parisian hospitals after the Revolution, had been converted into offices and housing in the early 1980s. The new owner plans to open “for the start of the 2023 academic year” an “exceptional international campus” with a “social residence reserved for students”.

The operation brings in 60.5 million euros to the AP-HP which "will allocate part of the proceeds of this sale to the financing of the Hôtel-Dieu hospital project".

The oldest Parisian hospital, on the Ile de la Cité, must consolidate its medical activities (emergencies, consultations, psychiatry, research) on two thirds of its surface after a thorough renovation.

No recourse to borrowing

A site of 100 million euros, which must be financed by "transfers of buildings" and "without resorting to borrowing or financing that could have benefited other hospitals", according to the institution.

The remaining third, including the wing overlooking the forecourt of Notre-Dame Cathedral, was sold in 2019 to the developer Novaxia, via an 80-year lease with a total value of 241 million euros.

A sum supposed to "balance the overall financing plan for the transformation of the Hôtel-Dieu", but not only: 30 million have already been allocated to a fund "devoted to improving working conditions and innovative support for workers. patients ”.

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