Christie & Co reaches milestone in FSHC sale process with completions achieved on 57 care homes
Specialist business property adviser, Christie & Co, has announced the most recent sub-group completion, which marks 57 UK care homes sold as part of the divestment project which Christie & Co is running on behalf of Four Seasons Health Care Group.
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These homes comprise Four Seasons Health Care Group’s remaining freehold property portfolio and associated care home business, and as such represent a key milestone in the Group’s ongoing restructuring process.
Joe O’Connor, CEO of the Four Seasons Health Care Group, comments, “The completion of the sale of these 57 care homes and their smooth handover to new owners continues the positive progress for the Group’s sales process. We wish the homes, their residents and teams well for the future. Throughout the sales process, our priority remains the continuity of care for all residents, and the Group will work closely with the buyers and other counterparties, as well as all relevant regulators, to ensure that any transition to new ownership is seamless.”
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For further information on this press release, contact:
Phoebe Burrows, Corporate Communications Manager
P: 07540 063 598 or E: phoebe.burrows@christie.com
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