Buoyant market in the North West for healthcare property

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

Last year was the best ever for business property sales at Christie & Co’s Manchester office since it opened in 1984. The firm’s healthcare division enjoyed considerable success throughout the whole of the north west region. Christie & Co says the first six months of this year have been equally as good, with the Manchester office being confident of surpassing its figures for the year end. Alistair Greenhalgh, who heads the healthcare division at Christie & Co’s Manchester office, reports that demand for good quality nursing and residential homes, particularly for purpose-built specialist care units, remains strong despite an element of uncertainly surrounding the proposed national standards. “It would appear that buyers have realised that there may be issues which need to be addressed in nursing and residential homes,” said Mr Greenhalgh. “However, standards are unlikely to be enforced until 2002 and therefore owners have plenty of time to ensure their homes are compliant with the new standards. Furthermore,

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