Sale and leaseback of two further Orchard Care Homes

January 5, 2009

We are pleased to announce the sale and leaseback of two further care homes on behalf of Orchard Care Homes Ltd to a private investor. Details of the transaction are subject to a confidentiality agreement. The homes which are based in the following locations comprise:
  • Longridge Hall and Lodge, Preston, Lancashire 60 bedrooms
  • St Helens Hall and Lodge, St Helens, Merseyside 94 bedrooms
Coffer Corporate Leisure have advised Orchard Care Homes since its management buy-out in June 2007 and completed the sale and leaseback of 15 homes for consideration in excess of £100 million.