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Leading specialist healthcare investors make acquisition

Dacres Commercial and Schofield Sweeney are delighted to have acted for the shareholders of Chapeloak Investments Limited in the sale of that company to one of the UK’s leading specialist healthcare investors; Primary Healthcare Properties PLC. The company developed the state-of the-art Oakwood Lane Medical Centre in Leeds which is occupied by the Oakwood Lane Medical Practice and pharmacy operator Kami Healthcare.

Doctor Jason Broch of Chapeloak commented that “We were hugely impressed by the commitment of the teams at Dacres and Schofield Sweeney to support us through the sale process.”

David Ogilvie of Dacres said; “There was significant interest from a number of institutional investors in this high quality medical centre investment, confirming the appetite for long term secure rental income backed by the government.”

Rob Hayes, Head of the Healthcare team at Schofield Sweeney added; “It was great to work with Dacres and Chapeloak to deliver this disposal of one of the most successful modern Health Centre developments in Leeds.”

Assisting Rob Hayes with the transaction were corporate lawyers Dan Bisby, Chris Blantern and Helen Matthews with tax advice from John Feaster and Melissa Wood.

 

About the Author

Rob Hayes

Partner

Rob undertakes all aspects of commercial property transactions acting for both property owners and…

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