News - Midlands
JLL completes care home deal
Jones Lang LaSalle’s healthcare team in Birmingham has completed the sale of Pencombe Hall residential care home in Pencombe, Herefordshire, for an undisclosed sum. Planning permission is in place for the construction of an additional stand-alone 40-bed care home with nursing, specialising in dementia care. The new purchaser, an existing care home operator, plans to expand the business with the construction of the new home. Paul Burford, associate director of healthcare in Jones Lang LaSalle’s Birmingham office, who handled the sale, said: “We were able to exchange contracts without residents or staff being aware of the sale, enabling confidentiality throughout the process.”