Nursing Homes

 

UK’s care home sector presents “stable and promising investment opportunity”

The real estate of Care UK, the fourth largest for-profit care home provider in the UK by revenue, has been sold by British private equity firm Bridgepoint to US-based real estate investment trust (REIT) Welltower. Bridgepoint acquired Care UK for £420 million in 2010, expanding its portfolio from 59 to 163 homes and increasing the proportion of private-pay residents from 5% to over 50%.

Parkway Life acquires 11 nursing homes in France from DomusVi

Parkway Life Real Estate Investment Trust (PLife REIT), one of Asia’s largest listed healthcare REITs, has acquired 11 nursing homes in France in a sale and leaseback arrangement for €111.2m (roughly S$159.9 million) from DomusVi, one of Europe’s largest nursing and retirement home providers. The deal marks PLife REIT’s maiden acquisition in Europe, as part of its long-term strategy to grow its presence in the region and the UK. 

Aedifica buys four “futureproof” UK care homes

Belgian pan-European healthcare real estate investor Aedifica has bought four new UK care homes for a total of £61.5 million (~€73 million). Aedifica describes the homes as “futureproof” due to being highly energy efficient.

Find Us