Deal Snapshot
IMPACT HEALTHCARE TO ACQUIRE UK HOME CARE PORTFOLIO
Tuesday 13 February 2018

UK-based healthcare real estate investor Impact Healthcare REIT plc (LSE: IHR) has exchanged contracts to acquire in a sale and leaseback transaction a portfolio of three purpose-built care homes in the North-East of England for a total consideration of GBP 17m (USD 23.54m), the company said.
The portfolio is being acquired from the Prestige Care Group, a developer and operator of care homes with over 20 years' experience in the care industry. Prestige will continue to operate the homes as the group's tenant following completion.


TKUqg0 http://www.FyLitCl7Pf7kjQdDUOLQOuaxTXbj5iNG.com
Details
Date Published: 13/02/2018
Target: Portfolio of three purpose-built care homes in the North-East of England
Country: UK
Sector: Healthcare
Type: LBO
Financing:
Status: Agreed
Vendor:
Buyer: Impact Healthcare REIT
Comment:
Terms of the deal were not disclosed

Options