The Hamberley Group were delighted to announce the sale of six of their assets to Octopus Real Estate. The £100m deal will drive the growth of their neurological rehabilitation services Inspire Neurocare.
Tim Street, Director of The Hamberley Group, said that the partnership with Octopus Real Estate, was key to the firm’s plans to develop its two award-winning operating businesses.
Tim said: “We’re delighted to announce this deal today with Octopus Real Estate. The team has a deep understanding of the care sector and this partnership will allow us to further develop both Inspire Neurocare and Hamberley Care Homes. Both of these operators are leaders in their respective fields, and we are immensely proud of the work our teams do day in day out to support individuals living with complex care conditions and who need extra support in later life.”
Mike Toft, Head of Care Homes at Octopus Real Estate, part of the Octopus Group, said: “Entering this nascent investment sector within the healthcare real estate market was the natural next step for Octopus and our healthcare strategy. As one of the UK’s leading specialist investors in real estate – with a focus on care homes and retirement villages – we understand the nuances of specialist care and are sensitive to resident needs and concerns. We also have an in-house clinical assurance team that collaborates with operators to ensure the provision of quality care.
Hamberley is a developer of luxury care homes and retirement living projects in the UK. It is the development arm of award winning operator, Hamberley Care Homes. The team provides a service from site identification through acquisition, design, planning, construction and fit out. With a proven track record of a combined 81 years’ experience in residential care and retirement living, Hamberley is best placed to provide operators and landlords with bespoke, luxurious and operationally focused developments.
Octopus Real Estate provide award-winning finance to support the entire lifecycle of real estate lending and investment. They have been active in the market since 2005, with over £3.5 billion under management.