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Hadrian Healthcare outlines plans to grow luxury Manor House Living portfolio

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Hadrian Healthcare says it will focus entirely on building and operating luxury care homes in the North East after selling five of its 10 home estate to Bupa Care Homes in December last year.

The five homes bought by Bupa were branded as Hadrian Lifestyle properties, the remaining homes are all in the more upmarket Hadrian Manor House Living portfolio.

Bupa also bought two development sites in a deal believed to be worth around £50 million. Neither Bupa nor Hadrian Healthcare confirmed the figure.

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In an interview with local Newcastle newspaper The Chronicle, Hadrian Healthcare owner Ian Watson said he intends to roll out luxury homes offering bistro cafes, ballrooms, in-house chefs and cinemas.

“Following the sale of our lifestyle division at the end of 2015 to Bupa Care Homes, our focus going forward is very much on the continued improvement and development of our luxury brand ‘Manor House’ care group,” Mr Watson told the Chronicle.

“We have recently opened our new Manor House in Knaresborough, North Yorkshire and in April we will be opening Oulton Manor in Leeds. We also expect to start the development of our most prestigious site in the centre of Harrogate in the first half of 2016,” he added.

“The Harrogate development will represent an investment of over £10m and will provide a level of accommodation, personal care and service standards which we believe will exceed any other care facility in the UK,” Mr Watson revealed.

 

Tags : AcquisitionBupa Care HomesHadrian HealthcareInvestmentNew BuildNew Care Home
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The author Rob Corder

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