News Article
Candesic talks to HBI on care deals
At the end of October, the care homes sector across the UK and Europe saw some big news. Private equity-owned Care UK was sold by owners Bridgepoint to US REIT Welltower™ Inc. (NYSE:WELL), and Singapore-listed Parkway Life Real Estate Investment Trust (REIT) acquired 11 nursing homes from Domusvi in a sale and leaseback arrangement.
Healthcare Business International featured comments by Candesic Senior Partner Dr Michelle Tempest about how the care home sector in the UK was providing key opportunities for international investors and that digital solutions were amongst the elements driving change in the industry, especially for the next generation.
Candesic Associate Dr Marco MAZEVET also spoke to HBI on the Parkway Life and DomusVi deal and the European market. In particular, on the estimated shortfall of EHPAD places and how the sector must search for non-traditional solutions. He also emphasised that Europe is open for business and that it is an exciting time for deals.
To read both articles see the below or check out Healthcare Business International – Newsletter – Healthcare Business International
