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Home Care Markets Business CareTech invests to make rent savings

CareTech invests to make rent savings

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In a reverse of the recent deals involving REITs (see this issue Company News Focus), operator CareTech has acquired the freeholds of two property portfolios for £38m including costs.The deal includes 28 of the freehold assets from The Quercus Healthcare Property Partnership for a cash consideration of £29.5m. Roborough House in Plymouth is also being…

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