Royal London Asset Management Property has brought UK healthcare real estate asset manager Shoreline Partners in-house.
Shoreline Partners has been working exclusively with Royal London Asset Management Property since early 2022 and the company said the partnership marks a major milestone in its long-term strategy to scale its investment in the UK’s healthcare infrastructure and deliver next-generation care environments that prioritise quality, sustainability, and operational excellence.
Mark Evans, head of property and development at Royal London Asset Management Property, said: “The UK healthcare sector is facing major challenges: capacity is shrinking, much of the existing stock is outdated, and regulatory oversight is stretched. We have been investing in sustainable healthcare assets since 2022 and are now scaling that commitment with a strategy targeting over £1bn, focused on delivering modern, purpose-built care homes.
“This is about more than capital deployment, it is about building a better healthcare system. Bringing Shoreline Partners’ expertise into the fold gives us a real edge as they have a deep understanding of how care environments function day-to-day, and their experience helps us ensure that what we build actually works for residents, staff, and operators.
“As a mutual, we are committed to making sure our investments serve our customers well, not just financially, but in how we help shape the world around them. That means backing assets that support people at every stage of life from their first home to the offices they work in, and ultimately, to the care they receive in later years. This strategy is about doing the right thing for society, while delivering long-term value for our members.”
Nick Short, fund manager – healthcare at Royal London Asset Management Property, added: “Incorporating the Shoreline team into Royal London Asset Management Property demonstrates our dedication to the Healthcare sector and ambition for this space. This includes our desire to match third-party capital alongside our own investment – creating a robust, scalable portfolio that meets the growing social needs of the UK’s aging population.”
Ben Penaliggon, formerly director at Shoreline Partners and now part of Royal London Asset Management Property team, said: “Joining Royal London Asset Management Property is a natural evolution of the work we have been doing to raise standards across the UK healthcare sector. We have spent years developing a model that combines clinical insight, operator-informed underwriting expertise, and sustainability to ensure care environments truly support residents and staff. Now we have the scale and backing to deliver that model more widely, bringing forward the next generation of care homes that are not only fit for purpose, but built to last.”
