Despite the widely held view that Manchester Unity with ex-NSW Liberal leader John Brogden at the helm placed its small New South Wales village and care facilities on the market too late to achieve top dollar, a sale is rumoured to have been achieved and quite close to the asking price. The buyer is thought to be a Victorian operator that wants to build its presence in New South Wales.
Breaking news: For Purpose Investment Partners’ aged care platform buys Graeme Croft’s Signature Care
For Purpose Aged Care Australia (FPACA), the aged care provider established by social impact investment vehicle For Purpose Investment Partners (FPIP), is moving forward on its vision of reaching 5,000 beds, acquiring 14 aged care homes – eight on...