Royal London Asset Management Property has launched a new £1bn healthcare REIT to accelerate investment in UK care infrastructure.
The company said the new REIT structure provides it with a “more competitive and internationally recognised investment vehicle to attract third-party capital and acquire corporate entities”.
It said the structure also enhances investor’s ability to execute forward-funding deals and expand its portfolio of purpose-built care environments across the UK.
Mark Evans, head of property at Royal London Asset Management Property, said: “Applying for REIT status is a natural next step in our journey. It allows us to scale our healthcare strategy more effectively, attract aligned capital, and offer a structure that is both tax-efficient and internationally recognised. This is about creating a platform that can deliver long-term value for our members while helping to solve one of society’s most pressing challenges.”
