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Home Care Markets News Downing exits portfolio of six care homes for older people

Downing exits portfolio of six care homes for older people

Mark Gross

Investment manager Downing has exited a portfolio of six specialist care homes managed by long-term joint-venture partner Care Concern Group (CCG). The deal is for the sale of five trading homes and a forward purchase agreement for the final property to a global real estate investor. Financial details have not been disclosed. CCG will continue…

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