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Home Care Markets Business Aedifica to invest £13m in care home

Aedifica to invest £13m in care home

Stefaan Gielens, Aedifica chief executive

Healthcare real estate company Aedifica plans to invest £13m in a purpose-built care home in Congleton, Cheshire. The property, which is due to open in the first quarter of 2021, will be operated by Handsale Care Homes on a 30-year lease. Net rental yield will be approximately 6%. Priesty Fields Care Home is being developed…

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