Slew of ‘extra care’ deals to yield 2,300 homes

Audley Mayfield Watford external

Investors including BlackRock and Fore Partnership are lining up to back later living developments

An institutional investor has teamed up with care home developer Amicala for a £300m push to build up to 1,000 later-living homes as part of a series of new deals in the growing sector.

Fore Partnership, a dedicated ethical or “ESG” investor, has announced the joint venture with Amicala to build a series of net zero extra care communities of at least 100 homes. An £80m scheme in Bristol is set to be the first out of the blocks.

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