US REIT to acquire 45 UK care homes for £1.1bn
US listed CareTrust REIT has announced a £1.1bn agreement to acquire a portfolio of 45 purpose built care homes from LNT Care Developments, marking a significant expansion of its United Kingdom footprint. This is a transformative step for the California-based real estate investment trust as it seeks to build a substantial senior housing operating portfolio platform across the British market.…