Octopus Real Estate, part of Octopus Investments, has partnered with Acacia Care to fund three purpose-built care homes for the elderly and announced £35 million ($44 million) of funding for the facilities.
The three new care homes, which will provide a total of more than 200 high-quality beds, will join the Octopus Healthcare Fund’s (OHF) portfolio of more than 100 homes — a milestone it reached in November 2023.
OHF invests in best-in-class care homes across the United Kingdom. The fund’s strategy is focused on two components of the U.K. healthcare real estate investment market: elderly care homes and specialist healthcare. The fund has contributed approximately 10 percent (1,553 beds) of all new high-quality care beds in the United Kingdom in the past three years, according to Octopus.
Two of the homes are recent acquisitions by the fund. Both are being con
