Orbit sells 1,300 later living homes to non-profit management company ELM

Lorraine Collis Chief Executive at ELM Group_ (003)

Surrey-based ELM is seeking to expand into more local authority areas outside of Southeast England

Orbit Group has sold 1,368 later living homes to non-profit retirement property management company ELM Group for an undisclosed sum.

The 45,000-home association has disposed of the homes, which are spread across 30 local authorities, as part of its “densification” strategy to drive efficiencies.

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