US investor completes acquisition of Care REIT

By
Deven Pamben
-
Impact Healthcare REIT care setting

US investor CareTrust REIT Inc has completed its acquisition of Care REIT plc, marking its entrance into the UK market. The deal adds 132 care homes (7,500 beds) and two healthcare facilities leased to the NHS to its portfolio. All properties are subject to long-term, triple-net leases across 14 operators, with a weighted average remaining…

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