Target Healthcare acquires newly built carehome for £5.1m

27th Aug 2014 14:06

Target Healthcare, a specialist investor in UK care homes, has acquired a modern, purpose-built care home in York for £5.1m. The short-term loan facility provided to the home's operator, Ideal Carehomes Group, to fund the completion of the property has now been repaid.Ideal Carehomes has leased the property for a period of 35 years. NR

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