Care home acquired in multi-million-pound deal

Target Healthcare, the listed investor in purpose-built care homes, has completed the acquisition of a development site in Wetherby, West Yorkshire. The group also exchanged contracts to acquire a pre-let care home in Newtown, the largest town in Powys in mid-Wales. The total value of the two transactions is £17.1m. The development site in Wetherby has already received planning consent to create a 66-bed, residential care home. The property will be redeveloped with the inclusion of full en-suite wetroom facilities, large public... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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