The Priory Group’s rents are due to soar following its £800m sale-and-leaseback deal.
The UK’s biggest mental healthcare chain is considering putting up its prices to cope with the increase, which is a result of its rents now being linked to inflation and the retail prices index rate, which hit 12.3% in July.
In January last year the group was sold by Acadia Healthcare to Waterland, a Dutch private equity firm, for almost £1.1bn.
The deal was largely financed via the sale and leaseback of 35 freehold clinics to Medical Properties Trust, an American investor, which was completed in June last year.
