Skip Ribbon Commands
Skip to main content

News Release

London

JLL sells Dagenham care home site


​Acting on behalf of a national care home operator, JLL has sold a site in Dagenham with consent for a 60 bed care home for well in excess of £2 million.

The marketing campaign generated significant interest from both local and regional buyers under-scoring confidence in the care home market for development opportunities in the South East.

Eamonn Meadows, Associate Director at JLL, said:

“The level of interest in the site from good quality local operators clearly demonstrates the strength of the mid-tier market enabled us to conclude a sale within 10 weeks and exceed our clients expectations. The under-supply of such sites, particularly within the M25, could not be more acute and the need to identify new opportunities is pressing. There were several disappointed parties in this sale and so we are actively looking for further sites to assist with those parties expansion.”

JLL is acting on behalf of a number of operators across the UK who have active requirements to expand their care home portfolio over the next three years.