Franklin Real Asset Advisors (FRAA), on behalf of the Franklin Templeton Social Infrastructure Strategy, has completed the acquisition of a portfolio of 32 care homes comprising approximately 1,500 beds.
The properties are located across southern England, the Midlands, northern England and Northern Ireland. All assets are leased on long-term agreements exceeding 30 years to a diversified group of six operators.
“We are delighted to add this portfolio to our existing U.K. care home platform, marking a significant step in scaling our presence in the sector and strengthening our focus on the mid-market segment. Aligned with the impact objectives of our strategy, this acquisition reinforces our long-term commitment to sustainable social infrastructure that meets the needs of local communities,” said Klaus Schmid, managing director at FRAA.
Michel Lim, senior vice president at FRAA, added, “We are very pleased to further expand our footprint in the U.K. care s
