Contantia Healthcare

November 2023

Acquisition funding to refinance existing debt capital and finance the purchase of two freehold care homes in Yorkshire.

Trevally Capital Ltd, in conjunction with finance arranged by Trevally Capital Advisers Ltd, has arranged finance of £4,650,000 for Constantia Healthcare Investments Ltd to refinance existing debt capital and fund the purchase of two freeholds care homes in Yorkshire. Linson Court and Manorcroft, located in Batley and Dewsbury respectively, are two purpose built mixed nursing and elderly residential care homes that have a total of 80 beds. The acquisition brings the total registered bed capacity of CHI in freehold properties to 125 beds.

Care homes continue to play an important role in the care of the elderly and vulnerable. As at December 2022 there were approximately 480,072 registered beds in the UK spread across 12,034 (residential and nursing) care homes (source: Knight Frank). Demand, driven by an ageing population and reduced state provision of residential and nursing care, continues to grow with an additional 24,000 places required over the next 5 years (source: LaingBuisson).