Housing & Care 21 acquires Bupa retirement and assisted living developments
Housing & Care 21 has announced its acquisition of 20 Bupa retirement and assisted living development sites.
The acquisition of the 577 Goldsborough Estates apartments increases Housing & Care’s property portfolio to over 20,700 across England.
Bruce Moore, Chief Executive at Housing & Care 21 said: “Housing & Care 21 are delighted to be acquiring Goldsborough Estates Limited from Bupa and we are committed to providing the leaseholders and residents of the properties they manage with a quality service. This acquisition fits well alongside Housing & Care 21’s existing leasehold management service and we will ensure we continue to provide an effective and responsive service to all residents.”
Joan Elliott, Managing Director for Bupa Care Services, said: “Housing & Care 21 share our commitment to customers, residents and employees alike, as well as our dedication to high quality customer service. We’ve worked closely with the new owners to ensure a smooth transition for residents and colleagues alike.”
Goldsborough Estates was formed in 1992 and comprises the management of private retirement and assisted living developments. Housing & Care 21 said the properties involved in the acquisition would continue to operate as usual with all colleagues retained in their posts.
Housing & Care 21 operates in over 150 local authority areas and provides over 42,000 hours of social care each week. In addition to the acquisition of Bupa properties, the leading national provider has a plan to develop 35 new retirement and extra care living schemes, and invest £27m in refurbishing existing properties in 2019.