Board

2012

Business Outlook

2011

2005

2006 2007

2008 2009 2010

Care

17.4

14.5

12.2

- 3.3% movement in average prices

Care

0.4

-11.0

-16.9

Richard Lunn Director and Head of Care + Education

“ With the Southern Cross situation casting a cloud over the care sector for much of the year, it was inevitable that major corporate transactional activity would largely stall as operators were engaged in the break-up. Transactional activity that did take place was based around older stock released by operators who increasingly took a flight to quality. New developments did impact on values of stock transacted and served not only to increase the care estate, but also to improve the quality of proposition for service users.”

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