Country Court, a leading care home operator, has made a significant move in the later living sector by selling three of its assets for a total of ยฃ50 million. The company has made the decision to divest these properties in order to focus on its core business of providing high-quality care for the elderly. The three assets, located in Kent, Hampshire, and Surrey, have been acquired by a private investor who has significant experience in the later living sector. This deal marks the latest in a series of transactions that have seen Country Court reposition its portfolio in line with the evolving needs of the market.
The sale of these assets comes at a time when the later living sector is experiencing significant growth, driven by an ageing population and changing consumer preferences. As people live longer and healthier lives, they are increasingly looking for accommodation options that provide both high-quality care and a sense of community. This trend has been accelerated by the Covid-19 pandemic, which has highlighted the need for safe and secure environments for older people. The recent deal by Country Court reflects the company’s commitment to meeting these growing demands and ensuring that its residents receive the best possible care and support.
The three assets that have been sold by Country Court are all purpose-built properties that offer a range of amenities and services for residents. These include spacious living areas, communal dining facilities, landscaped gardens, and various leisure activities. The properties are all located in prime locations with easy access to local amenities such as shops, restaurants, and transport links. They have been designed to provide a comfortable and secure environment for older people to live independently while also receiving the care and support they need. The new owner of these assets is expected to continue investing in the properties to further enhance their facilities and services.
The sale of these assets marks a key milestone for Country Court as it looks to consolidate its position in the later living sector. The company has made significant investments in its care homes over the years, ensuring that its residents receive the highest standards of care and support. By divesting these assets, Country Court is able to focus its resources on further expanding its core business and providing innovative and sustainable care solutions for the elderly. The company is committed to ensuring that its residents receive the best possible care and support, and this latest deal is a testament to its dedication to meeting the evolving needs of the market.
In conclusion, the sale of these three assets by Country Court represents a strategic move by the company to focus on its core business of providing high-quality care for the elderly. The deal reflects the growing demand for purpose-built later living accommodation and the need for safe and secure environments for older people. By divesting these assets, Country Court is able to consolidate its position in the market and continue delivering innovative and sustainable care solutions for its residents. The new owner of these properties is expected to further enhance their facilities and services, ensuring that residents receive the best possible care and support. Country Court remains committed to meeting the evolving needs of the later living sector and providing a high standard of care for the elderly now and in the future.
