2003 – a year of unprecedented corporate expansion and development

Posted on December 1st, by editor in Caring Times. No Comments

|GLP managing director ANDREW LONG comments on care sector activity over the last 12 months| Last year was unprecedented in the health care market in terms of volume of activity and values. At GLP our expertise has been required in a wide variety of areas. We have sold, valued and formally advised on nearly £400 million worth of healthcare property during the year. As agents we continue to add value for our clients and have both achieved and exceeded client expectations on price. Transaction sizes have been much larger than previous years as we continue to do more business in the corporate and group sectors. We have led top quality private assets into the stables of several of the major providers, including Barchester, Craegmoor, Bondcare, Guardian, Milbury, and Univent. Prices for groups of top quality elderly care homes have achieved well in excess of £50,000 per registered bed space. Specialist care homes in the fields of learning disability, mental health care, drug and alcohol abuse have ranged up to Â

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