Kingsley Healthcare grows North West care home portfolio

Care home operator Kingsley Healthcare has given its North West expansion plans a boost after acquiring two Cheshire properties in a multi-million pound deal.

The Suffolk-headquartered firm acquired Sharston House nursing home in Knutsford and Redwalls nursing home in Northwich, adding a further 92 beds to its growing care property portfolio.

Kingsley Healthcare’s CEO, Daya Thayan, said: “I am delighted to announce the acquisition of these homes in prime locations and I also want to highlight the role played by our long-standing banking partner Coutts & Co in assisting us.

“We are pleased to welcome the residents and staff in these homes into our Kingsley family.”

He added: “Kingsley is looking to acquire further quality homes in prime locations as well as moving forward with a new build programme to complement our property portfolio.”

The firm’s first new build, a dementia care home in Partington, Greater Manchester, is due to open in July next year.

Daya continued: “The two homes we have acquired have all privately funding clients with a very high average fee.

“Kingsley is working through its strategy of acquiring new homes with the multi-million pound support of our finance partners.”

The company operates 26 care homes across the UK.

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