CareTrust REIT, Inc.: Acquisition or sale completed
CareTrust REIT acquired 24 UK care homes from LNT Care Developments and agreed to acquire up to 21 more under development for approximately £1.1 billion in total.
Positive for the companyWhat happened
- On October 1, 2026, CareTrust UK Limited completed the acquisition of property companies holding 24 care homes from LNT Care Developments for approximately £576 million (or approximately $764 million).
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