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Impact snaps up six care homes for £56m

Impact Healthcare has bought a portfolio of six care homes for £56m from Morris Care.

The portfolio, comprising five homes in Shropshire and one in Cheshire, has 438 high-quality bedrooms, of which 400 have en suite bathrooms.

The healthcare REIT will pay four-fifths of the sum in cash, with the balance paid in shares in Impact.

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