The ongoing demand for luxury care environments has helped Hamberley Development sell two of its soon to be completed sites to investment firm Target Healthcare REIT.
The high-end developments at Cumnor Hill in Oxford (above) and Badgers Mount near Sevenoaks have a combined total of 130 beds and will be completed by the middle of 2019.
They include luxury en suite bedrooms, a cinema, bar area and health and beauty salon.
The deal will see Hamberley’s operating company Hamberley Care Homes lease back the homes over a 35-year period. There are existing developments in Dunstable and Glasgow.
“There is a growing demand for leading edge luxurious care environments and we are seeking more opportunities,” says Hamberley Development director Daniel Kay.