Castleoak Secures Pounds 50m to Develop Quality Care Homes
Western Mail › August 02, 2011
Linked as:
Summary
THE development outlook for care-home venture Castleoak has been boosted significantly following a pounds 50m first round injection into a new fund - as it focuses on becoming a pounds 100m turnover business in five years time.
The Cardiff development, design and build specialist group and investment company, Bridges Ventures, yesterday confirmed the establishment of their UK Healthcare Property Fund to finance the development of purpose-built care homes for the elderly.See the full content of this document
Extract
Castleoak Secures Pounds 50m to Develop Quality Care Homes
The initial amount consists of pounds 32m raised through institutional and private investors, with the remaining pounds 18m coming in bank debt funding.
Both Bridges and Castl...See the full content of this document
Sponsored links
