Healthcare real estate investment trust Aedifica has acquired four care homes with a total capacity of 264 residents, for £61.5 million.

The four care homes are located in Sayers Common, Sussex; Broadstairs, Kent; Southampton, and Midsomer Norton near Bath. Three properties have been recently completed, while the property in Midsomer Norton is expected to be completed in the fourth quarter this year.

All the properties in the portfolio are identical in layout and specifications. Each of the care homes accommodates up to 66 residents in spacious bedrooms with en suite facilities that are specifically tailored to suit the needs of seniors requiring residential care.

All the homes are operated by Oyster Care Homes, controlled by the LNT Group, which Aedifica has partnered with on several projects.

The care homes are let on the basis of new irrevocable 35-year triple net leases. The initial gross rental yield on purchase price amounts to approx. 6.5% and the acquisition will be immediately EPS accretive.

Stefaan Gielens, country manager of Aedifica UK, said: “This portfolio stands out for its particular focus on sustainability. These futureproof care properties are all highly energy-efficient, which is reflected in excellent ‘A’ EPC scores. Moreover, this transaction deepens our successful relationship with LNT Group, a leading UK care home developer and operator with whom we have now worked on a total of 13 projects.”