Simple Approach: Best-in-class real estate managed by a specialist investment manager

We are a responsible investor in ESG-compliant, purpose-built care home real estate, which is commensurate with modern living care standards.
Why we do it

We are advocates of the benefits that intelligently designed, purpose-built care homes can bring and we want more residents, care professionals and local communities to benefit from their positive social impact.

Our Investment Manager is a specialist who understands the operational challenges our tenants face on a daily basis when providing quality care, and is there to help them every step of the way.

Watch our video to find out more about how we strive to help improve the standard of the built environment of care homes through en suite wet rooms.

Strategic Pillars

Acquire high-quality real estate portfolio via a mix of new developments, recently completed builds, and modern assets at mature trading.

Manage assets and tenants commercially yet fairly, recognising the value of long-term relationships and our
influence within a complex sector.

Convert portfolio income and capital returns into sustainable
returns to shareholders through disciplined financial and
risk management.



To adhere to our responsible investment fundamentals,
delivering positive social impact allied with a firm commitment
to environmental sustainability and good governance.

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Our Key Strengths

The key strengths of our approach are:

  1. Our premium quality real estate is attractive to both operators
    and investors, in that:
    a. it is future-proofed against anticipated legislative change
    and societal trends influencing demand; and
    b. it generates high quality earnings from financially
    sustainable rents.
  2. Specialist manager, highly engaged within sector and with
    our tenants.
  3. Prudent approach to financial risks with diversified income
    sources, low gearing and long-term, fixed rate debt.

How we do it

  • Specialist Investment Manager whose senior team
    has spent 16 continuous years together in the sector
    establishing a strong reputation and enviable track record
  • Clearly defined ‘house standard’ on acceptable
    investment quality

  • Has a prominent and respected sector presence, tenant
    selection based on shared values
  • Has frequent and regular monitoring and contact with
    tenants:
    • Home visits performed intelligently and sensitively
    • Monthly financial data collected and analysed
  • Shares knowledge, insight, and best practice with tenants
    supporting their business

  • Annual rental growth from long-term inflation-linked leases
  • Stable ongoing cost base
  • Conservative approach to debt with LTV at 21.8% and
    substantially fixed or hedged interest costs
  • Disposal of nine homes subsequent to the year end for
    proceeds of £86 million, representing a premium of 11.6%
    to their carrying value at 30 June 2025

  • Commitment to our no compromise approach on
    acceptable minimum real estate standards for care setting
  • Understand our influence and learn, reflect and respond
    to feedback
  • Report in line with established standards, such as GRESB
    and EPRA sBPR, with the results awarded under both
    standards having improved over the year