GLP has select bank of vetted buyers


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

Healthcare specialists GLP say that, while internet-based buyer registrations can swamp an agent with hundreds of supposed “vetted applicants”, they have sought to control this to a chosen few. By “few”, GLP managing director Ian Wilkie said this meant 330 real people who have provided the company with bank references, statements, brokers’ letters, statutory accounts or company reports. “These 330 buyers have a combined funding pot to the tune of £1.7 billion pounds and are looking for good quality assets in all areas of the UK,” said Mr Wilkie. “It is interesting to note that, in a time of pressure on government funding of elderly care, private individuals are collectively willing to invest such a huge sum. Bear in mind that these numbers do not include the purchasing power of the major corporate groups and private equity funds. “Selling any care business is an extremely sensitive process and our clients rely on us to rigorously test all potential purchasers. We are therefore satisfied tha





Comments are closed.


Latest blog posts

Time for a ten dollar answer

By Caring Times editor GEOFF HODGSON

Ernest Hemingway was known for his minimalist style and he used to pooh-pooh what he called “ten-dollar” words. Not to...

Lacking capacity

By guest blogger JEF SMITH

A friend of mine diagnosed with cancer – now, happily, treated – was asked how he could possibly have missed the...

Care homes – understated examples of tasteful design

By Caring Times editor GEOFF HODGSON

Dozens of recently-built care homes are material proof that it is perfectly possible to design aesthetically pleasing buildings and put...