North-west market is buoyant, says Christie

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

A report from property agents Christie & Co¹s Manchester office says sales of care homes in the north west of England held up well during 2001, despite the many pressures currently facing the industry. Written by Christie & Co¹s Cirion Plant and Guy Bosanko, the report said 2001 had been a difficult year for the care homes sector and all those involved in the industry were well aware of the reasons why. Associate director of the Manchester office Cirion Plant said there remained an extremely optimistic section of the market which, quite rightly, believed that the future long-term prospects for the sector were extremely good. “Most of the buyers we saw in 2001 were operators who already owned one or two units and were managing those units successfully and efficiently,” Mr Plant said. “We also saw some first-time buyers who were purchasing prudently with an eye to future compliance with new regulations.” Mr Plant said a wide spectrum of buyers was now registered with Christie & Co, many of whom were from Lond

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