Care home market remains buoyant in the South West

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

Having experienced very positive conditions in the care home market in the South West over the past couple of years or so, there are currently no signs of it changing as we enter what we hope will be an excellent summer, for both the weather and of course care home sales. The demand for care homes is generally very strong, particularly from locally-based operators who are looking to expand their existing businesses through further acquisitions. There have been many examples of this type of activity in recent years. Already this year, Christie + Co’s Exeter office has been successful in selling a group of four Devon homes, totalling 103 beds to South West Residential Homes Ltd, taking their total stock in Devon, Cornwall and Somerset to more than 250 beds. Other recent sales in the area include Exe View, near Exeter to Classic Care Homes in (Devon) Ltd, Heanton nursing home, near Barnstaple to PSP Group and Park View in Plymouth to Ashley Residential Care Ltd. While entrepreneurial care home owners are looki

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