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Barwood Capital and Perseus Land & Developments Limited have successfully sold a 70-bed care home scheme in West Malling, Kent, to a joint venture between property development company Barcroft Estates and a global investment company for an undisclosed sum. The scheme has been pre-let to a not-for-profit care provider which supports older people through registered nursing and dementia care homes. The facility is intended to offer residential care and dementia-specific care. The site is targeting a BREEAM Very Good rating, Net Zero in operation enabled and an EPC A rating. The news comes as Knight Frank’s 2024 Healthcare Report suggests that healthcare beds grew by only 519 beds this year with a recorded 3% growth in care beds over the past decade. Find out more here: https://lnkd.in/eFgqsniz #CareHomes #CareSector #PropertyInvestment #RealEstateInvestment

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Ed Towers

Property Developer at Mercian Group

2mo

Well done 👏

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