Developing Ages&Vie shared flats for senior citizens throughout France

On 17 May, Banque des Territoires, Crédit Agricole Assurances and the Korian group, a specialist in care and support services for seniors, announced the creation of a SCI1 to develop shared apartments for seniors. The goal: building nearly 300 houses offering 3,000 places of accommodation by 2024.

Medical-social sector and solidarity

Lancement du partenariat Banque des Territoires, Crédit Agricole Assurances et Korian

As from 2019, this partnership - under which Banque des Territoires will hold 35% of the property investment company’s shares - will allow for the development of 28 new projects in 17 départements2 of the 150 new locations planned for 2024 across the territory.


Residences are organised around units, each of which can accommodate 8 elderly individuals. They have private areas, share living spaces and are helped by carers (with the planned creation of 1,500 jobs), some of which live on-site with their families.


This form of shared housing (cohab) - an intermediary between in-home care and housing in a medicalised retirement home - meets a need that up until now was badly taken into consideration in terms of local social assistance for old-aged individuals and is particularly suited to meet the needs of rural and peri-urban municipalities.


By contributing towards the development of the new housing offer for elderly individuals, Banque des Territoires takes full charge of its mission to serve more inclusive territories.

Olivier Sichel, Banque des Territoires CEO



(1) SCI or “Société civile immobilière”

(2) Ain, Allier, Finistère, Indre-et-Loire, Isère, Loir-et-Cher, Loiret, Lot-et-Garonne, Meurthe-et-Moselle, Meuse, Morbihan, Nièvre, Nord, Pas-de-Calais, Haut-Rhin, Saône-et-Loire, Vosges


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