McCarthy Stone secures £ 200m funding to boost retirement home supply By Reuters

© Reuters.

© Reuters.

(Reuters) – Infrastructure investors John Laing Group and Macquarie Capital will invest 200 million pounds ($ 274.76 million) in nursing homes developed by McCarthy Stone, the companies said Thursday. McCarthy Stone said the investment would help the retirement community developer expand its rental service to an aging population, helping to meet the retirement community shortage. ($ 1 = 0.7279 pounds)

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