Impact Healthcare REIT has exchanged contracts to acquire two care homes for £12.9m.
Loan is firm’s third care commitment this year
The six deals reflect a combined net initial acquisition yield of 5.83%
LNT Care Developments will use the funding to provide an additional 1,300 beds across 20 care homes
The fund has already acquired a portfolio of three new, high-quality care homes in Germany
Octopus Healthcare agrees to buy seven care homes.
The 24 properties comprise 143 flats
Returns were driven by a 7% uplift in its portfolio valuation to £225.2m
The firm said investors are looking to increase their allocation to healthcare real estate
The trio will boost the care home investment company’s growth
The REIT aims to raise the funds through a share placing at 109p per share
It will meet with shareholders in coming weeks to discuss fundraising support