Announced
Financials
Tags
Majority
Single Bidder
Friendly
Private
Pending
Domestic
Real Estate Holding and Development
retirement homes
accomodation
United Kingdom
Acquisition
Private Equity
Synopsis
John Laing, a British investor, agreed to acquire the remaining 50% stake in Brigid Investments, a UK-based retirement accommodation business, from Macquarie Capital, a global financial services group. Financial terms were not disclosed. “We are pleased to have increased our interest in Brigid to 100% ownership. There is currently a structural supply shortage of retirement rental units in the UK and a growing ageing population looking for independence and a sense of community in their later years. We look forward to continuing to work with McCarthy Stone to provide additional rental housing stock to meet these needs," Ben Loomes, John Laing CEO.
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