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Target Healthcare REIT has exchanged contracts to buy a purpose-built care home in Sutton-in-Ashfield, Nottinghamshire.
The purchase price will be £5.6m including acquisition costs, with the transation completing in April 2017 once the build has been completed.
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Including:
Prima, Real Living and Cantay Estates have received funding for 189-bed PBSA
Katy Davis named as an equity partner at the firm
The site will be turned into 261 short stay serviced bedrooms
Rising remote and video appeals offer an opportunity to reduce space
