Barclays funds care home acquisition

The National Care Consortium has purchased a new care home with support from Barclays.

The Nottingham based provider has acquired Rowans Care Home in Hull, which is registered to provide care for 53 residents.

Tanzeel Younas, Director of National Care Consortium Ltd, said: “Part of our strategic growth plan has been to expand into new areas of the country and grow our portfolio of homes.

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“When the opportunity arose to purchase Rowans Care Home in Hull, we were keen to progress and achieve completion.

“Rowans fitted our ethos to provide high quality care with a family feel and to ingratiate ourselves with the local community and this is something we will continue to do at these new homes.”

The home is undergoing further investment with the development of a luxury wing which will open by the spring of this year.

Alan Mele, Relationship Director at Barclays in Nottingham, said: “We have enjoyed a long standing relationship with the business spanning twenty years.

“Tanzeel and his family have many years’ experience in the industry and we are delighted to support them with this latest purchase which will add to their current portfolio of homes and bring their caring ethos to another home.”

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