By Natasha Roberts
Date: Wednesday 27 Aug 2014
LONDON (ShareCast) - Target Healthcare, a specialist investor in UK care homes, has acquired a modern, purpose-built care home in York for £5.1m.
The short-term loan facility provided to the home's operator, Ideal Carehomes Group, to fund the completion of the property has now been repaid.
Ideal Carehomes has leased the property for a period of 35 years.
NR
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