Information on the Target
Elevation Advisors LLP is pleased to announce that a real estate fund advised by Elevation has successfully provided acquisition and development financing for two development sites in collaboration with Oakland Care, a prominent elderly care developer and operator. The first project is a 75-bed care home located in Harpenden, a highly desirable commuter area known for its robust community ties. This facility is meticulously designed with a high specification to enhance the well-being of residents, their families, and the staff. Features include wet-room ensuites and amenities such as a cinema, bistro, and family room.
The second care home will be situated in Bracknell and will consist of 72 wet-room ensuite beds. Additionally, it will provide a plethora of communal spaces, including a reception café and beautifully landscaped gardens. Bracknell is notable for being a large commuter town with efficient transport links to London and Reading. Construction for both homes is already underway, with plans to open in mid-2026.
Industry Overview in the Target’s Specific Country
The elderly care sector in the South East of England continues to evolve, driven by demographic shifts and increasing public awareness regarding the quality of care. As the population ages, the demand for high-quality elderly care services has surged, making facilities that prioritize care and comfort essential. Providers in this sector are focusing on developing innovative environments that not only meet regulatory standards but also enhance the quality of life for residents.
In recent years, there has been a notable movement towards sustainability within the elderly care industry. Operators are increasingly adopting environmentally friendly practices, including the use of renewable energy sources and sustainable architectural designs that facilitate improved energy efficiency. The ongoing commitment to enhancing resident well-being through ecologically responsible practices is expected to dictate the future landscape of elderly care in the region.
The South East market is characterized by several key players who are leading the charge in providing exceptional care experiences. Investors are attracted to this growing sector due to its potential for strong returns and its alignment with social responsibility goals. As the sector matures, transparency and quality metrics are becoming vital components that shape investor confidence and decisions.
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The Rationale Behind the Deal
This strategic partnership between Elevation Advisors and Oakland Care aligns long-term investment goals with a pressing market need for high-quality, sustainable elderly care facilities. By financing the development of two new homes, Elevation aims to capitalize on the increasing demand for care services in the South East, while also supporting a provider known for its commitment to exceptional care and sustainable practices.
Moreover, the focus on environmental sustainability in both developments reflects evolving consumer expectations, which increasingly prioritize eco-friendly and socially responsible choices. The anticipated reduction in carbon footprint and commitment to achieving BREEAM In-Use ratings of 'Excellent' further underlines the vision for these care homes as exemplars of modern, responsible development in the healthcare sector.
Information About the Investor
Elevation Advisors LLP is an esteemed investment firm known for its strong focus on real estate and sustainability. With a track record of successful partnerships, Elevation has made significant strides in the elderly care sector since 2021. Their investment strategy is centered on developing assets that not only generate strong financial returns but also contribute positively to the environment and the communities they serve.
Elevation's commitment to operationally net-zero assets places it at the forefront of the investment landscape, particularly in an era where environmental, social, and governance (ESG) factors are increasingly important to investors. Their collaboration with award-winning operators like Oakland Care demonstrates a strategic alignment of values, ensuring that both parties benefit from shared goals of sustainability and exceptional service delivery.
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The collaboration between Elevation Advisors and Oakland Care represents a promising investment opportunity within the growing elderly care sector. Given the increasing demand for high-quality care facilities in the South East of England, this initiative is well-positioned to capitalize on favorable market dynamics. As more individuals require specialized care, facilities that combine luxury, comfort, and sustainability will likely attract a steady flow of residents.
From an investment perspective, the emphasis on environmentally friendly practices and community impact could also enhance the appeal of these homes to socially conscious investors seeking long-term viability and positive societal contributions. The anticipated achievement of high BREEAM ratings for the new facilities further solidifies their potential as market leaders in eco-friendly elderly care.
Moreover, Oakland Care’s recognition as a premier provider in the sector, evidenced by various accolades, reinforces the legitimacy of this investment. Their proven track record in delivering high standards of care, combined with a comprehensive growth strategy, enhances investor confidence in the success of these upcoming developments.
In conclusion, this development financing arrangement not only addresses a critical need for elderly care but does so with a strong commitment to sustainability and community engagement, marking it as a potentially lucrative investment opportunity.
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Elevation Advisors LLP
invested in
Oakland Care
in 2024
in a Growth Equity deal