The Real Estate Advisory team has secured a £16.4 million development facility to support the delivery of a new 70‑bed premium care home in Fareham. Summary:
The Real Estate Advisory team has secured a £16.4 million development facility to support the delivery of a new 70‑bed premium care home in Fareham. Summary:
Background
The scheme forms part of a growing pipeline of high‑quality care facilities designed to meet rising demand from the UK’s ageing population. The development is pre‑let to an established operator, positioning it as a best‑in‑class five‑star offering.
Action
Led by Director Cameron Hayes, the team structured a three‑year development facility, with scope to extend once the home becomes operational.
Key features of the funding package include:
Outcome
The facility provides full funding through construction and into early operations, enabling the delivery of a modern, future‑fit care home that aligns with long‑term sector fundamentals.
It is great to be part of this process in a growing area of the market. The UK requires care facilities that are fit for purpose and aligned with long-term investment fundamentals.