Carechoice buys Cork nursing home for estimated €12m
Nursing home group Carechoice has bought a 73-bedroom facility in Cork in a deal thought to be worth around â¬12 million. Carechoice owns and runs nursing homes around the Republic, including counties Dublin, Cork, Meath and Waterford. The company confirmed on Tuesday that it has bought Beaumont Residential Care nursing home, a 73 single-bedroom property in Cork, from directors and owners, Kieran and Fiona OâBrien. Neither party revealed the price, but on the basis of recent deals struck by Carechoice, it is estimated at around â¬12 million. Earlier this year, the company paid...
Source: irishtimes.com