GLP handles Essex externalisation deal

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

Healthcare property consultant GLP has handled the externalisation of seven care homes previously owned and operated by Essex County Council. Five of the homes were purchased by Southend Care, a subsidiary of the Strathmore Care group, and two were sold to Runwood Homes, a company which already operates some former Essex County Council homes. GLP managing director Simon Gilbert said there had been strong interest in the homes and Southend and Runwood both displayed the essential profiles to be able to absorb the businesses and take them forward in the future. GLP had been instructed earlier in the year to externalise 11 of the Essex County homes. “The remaining four homes are all under contract and completion should take place by the end of the year,” Mr Gilbert said. “The fact that private operators are interested in acquiring these type of homes further underlines the long term confidence in the sector which we are seeing across the market.” Essex county¹s manager of older people¹s services Roger Sinden s

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