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Knight Frank sells Meridian Healthcare for in excess of £100m

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The Knight Frank healthcare team has sold a portfolio consisting of 29 care homes on behalf of Meridian Healthcare Ltd to Formation Capital and HCPI. The portfolio is the 32nd largest UK care home operator by number of registered beds, totalling 1,500, and employs approximately 1,200 people. All of the homes in the portfolio are purpose built and all bedrooms are in single occupancy.

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