UK-focused social infrastructure real estate investment manager Newcore Capital has invested £50 million (€60 million) to acquire 15 assets in the primary healthcare sector.
Newcore said 12 of the assets were acquired in a £25 million portfolio deal from a major UK real estate investment trust, which IPE Real Assets understands to be Assura.
The 15 assets are mainly located in Greater London and the Southeast and are let out on longterm leases to 31 different occupiers.
Newcore said it plans to deploy approximately £100 million of equity into primary healthcare facilities over the next 18 months across both its value-add and core-plus strategies.
Source: realassets.ipe.com on the 8th of Novembe, 2024
https://realassets.ipe.com/news/newcore-capital-adds-15-primary-healthcare-assets-to-portfolio/10076713.article