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Home Care Markets Business CIM and CareTech enter sale and leaseback agreement

CIM and CareTech enter sale and leaseback agreement

Tom Pridmore, group director, Civitas Investment Management

Civitas Investment Management (CIM) has invested £200m in a portfolio of specialist care properties from CareTech under a sale and leaseback deal. The portfolio comprises special schools, children’s homes and adult specialist care homes and follows the £1.1bn acquisition of CareTech by its co-founders, Farouq and Haroon Sheikh, of the business in September. CIM is…

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