Portunus Associates, specialist healthcare real estate agent, acting on behalf of Brackley Investments, has brokered the sale of a site with planning consent for a 78 bedroom care home in Havant, Hampshire to Elevation Healthcare Properties, a real estate fund advised by Elevation, a specialist healthcare investment manager (“Elevation”), in partnership with Anavo.
Havant and Bedhampton is a growing suburban area on the coastal plain between Portsmouth and Chichester. In the mature setting of a former garden curtilage, the 1.3 acre development site is located on the eastern edge of Havant, which is a focus for new residential development.
Brackley Investments secured full planning permission for a premium style care home of 78 bedrooms with ensuite wetrooms set in attractive landscaped grounds. The bespoke H-shaped building incorporates five households, in a part two, part three storey design that thoughtfully utilises the topography of the site to minimise the impact of the care home on its surroundings whilst creating homely and secure spaces for residents to enjoy, both inside and outside.
Jeff Moore, Principal Director of Brackley Investments, said: “We are pleased to complete this deal with Elevation and Anavo, who share our vision that better building design supports the delivery of better care. The scheme’s design draws on our track record of delivering best practice in dementia design, and aims to deliver an environmentally responsible building, that will be welcoming as well as functional.
This site is part of a pipeline of care home developments that we are bringing forward in the South Central area next year in attractive locations which are undersupplied with modern purpose built specialist care homes.”
Ed Moore, Director of Anavo, said: “We were delighted to be able to collaborate with Brackley Investments on the innovative design of the care home to ensure that the physical environment reflects our unique care ethos. Reducing the clinical feel of the home and integrating it within the local community are key drivers for us. The acquisition of the site in Havant is part of our expansion plans along the South coast, bringing forward a pipeline of new build, high quality care homes that can offer comfortable and empowering living for residents with a range of different needs and preferences.”
Bernard Wynne, Director of Portunus Associates, said: “There is a significant shortfall in modern high quality care beds within the town of Havant so we are pleased to have brokered the deal between Brackley Investments and Elevation with Anavo to deliver 78 specialist elderly care beds for the local community.”
James Giles, Investment Director at Elevation said: “We are delighted to begin our partnership with Anavo, by adding this top specification development into our portfolio of high-quality care homes which are built for longevity and make a positive impact on their wider communities.”
The site was sold for an undisclosed sum.
About Brackley Investments
Brackley Investments is a specialist care developer with a strong track record of delivering bespoke, sustainable care schemes to meet individual clients’ requirements, with a focus on South Central and South Midlands counties.
About Anavo
Anavo was founded in 2019 by its three directors, who between them have extensive operational healthcare and real estate development experience. The Group has built a portfolio of 13 care homes in locations across the UK, offering specialist elderly residential, nursing, dementia and respite care. The group’s impressive growth trajectory is underpinned by a pipeline of bespoke new build care schemes, on the south coast and in the north west of England.
About Elevation
Elevation is a specialist investment manager in the European healthcare real estate sector with circa £1.9bn of assets under management in four countries (U.K., France, Germany and Spain) spanning 161 care homes, rehabilitation clinics and specialist assets for learning disabilities and mental health.
The title image is a CGI produced by Hunters Architects and Building Consultants
