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Acquisition of Retirement Living Portfolio

Real Estate

Acquisition of Retirement Living Portfolio

QMPF is delighted to have supported John Laing in this £200m deal which represents its first entry to the retirement living sector in the UK. John Laing is partnering with McCarthy Stone, the UK’s leading developer and manager of retirement communities, and creating a platform for growth, acquiring purpose-built and let retirement living units managed by McCarthy Stone. Over the first 12 months, the platform will acquire 650 high-quality and geographically diverse units.

This partnership supports the supply of essential and sustainable infrastructure, offering residents independence and a sense of community with the increased flexibility of a rental model and is in line with John Laing’s strategy of investing in platforms which are asset-backed, scalable and offer long-term, resilient cash flows with positive social impact.

 

For further information contact:

Stephen Bell

Partner
+44 (0)131 222 2603

DATE

May 2021

SECTOR

Retirement Living

TRANSACTION

Retirement Living Investment

VALUE

£200m

ROLE

Financial Advisor