In a deal brokered by specialist healthcare real estate agent, Portunus Associates, Aspire LPP will deliver a premium 80-bedroom care home in the market town of Melksham, Wiltshire for an institutional investor in partnership with a leading care charity. This state-of-the-art facility will address the critical shortfall of quality care beds in the region, offering class-leading ESG credentials and a thoughtfully designed environment for residents, including those with dementia.
Michael Lucas, Founder and Managing Director of Aspire LPP, shared: “This care home will help address the significant shortfall in market-standard care beds within the Melksham area. The bespoke and sustainable design will provide an adaptable, comfortable living environment, prioritising natural lighting and accessible garden spaces, enhancing residents’ wellbeing.
This development is one of several projects across the UK where we are working with institutional investors and not for profit organisations. Aspire has secured 1,500 beds of supply for its ambitious growth strategy from 2025, and will be working with market leading operators via our Portfolio Partner product to deliver these projects to meet the demand for quality care across the UK.”
Construction is set to commence in early 2025.
The site was sold for an undisclosed sum.
The title image is a CGI produced by Whitecrow Studios
