Impact Healthcare Acquires Three UK Care Homes.
MANews-(C)2009-2022
UK-based real estate investment trust Impact Healthcare REIT plc (LSE: IHR) has recently completed the accretive acquisition of three properties (one in Somerset and two in Devon) with an existing group tenant, Welford Healthcare, for GBP 25m (USD 29.12m), the firm said.
The portfolio includes a 61-bedroom specialist dementia nursing home in Devon which was purpose-built in 2011 and benefits from 100% en-suite wet rooms, and two part-converted and extended nursing and residential homes in Devon and Somerset registered for 54 and 69 elderly clients, respectively.
All three properties are well located with long-standing exceptional local reputations for providing high-quality care within the local...
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