Renaissance buys into Bentleigh Cross

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

Renaissance LifeCare plc has acquired a majority stake in Bentleigh Cross Ltd and has committed to provide funding for Bentleigh Cross’s £70 million expansion programme. Bentleigh Cross is a close care and nursing home developer and operator. It has recently completed its first development located in the Dorchester town centre, Dorset, consisting of a 40-bed nursing home and 68 close care apartments. Terms have been agreed for two further sites in the south west of England to develop 250 apartments and 100 nursing home beds with a combined gross development value of £70 million. Bentleigh Cross founder and director Tony Murley said that, having completed its first scheme, developed its brand and secured sites for further growth, the investment by Renaissance increased the financial and sector capabilities of the company. “We are pleased to have Renaissance as a cornerstone shareholder to underpin our expansion programme,” said Mr Murley. Renaissance LifeCare, a developer and operator of close and assi

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