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Impact buys three Glasgow care homes

Impact Healthcare has added three Glasgow care homes to its portfolio for £8.1m.

The deal, with existing tenant Silverline, will hand Impact an initial annual rent of £627,750, reflecting a gross initial yield of 7.75%.

The three care homes, totalling 155 beds, take the REIT’s portfolio to 131 homes and 7,129 beds.

Silverline will take the homes on fixed 25-year leases with no break clauses.

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