GMPF acquires £14.2m London care home with Schroders Capital backing

Fifth deal in 12 months brings total GMPF investments to £130m

Jasmine Urquhart
clock • 1 min read
GMPF acquires £14.2m London care home with Schroders Capital backing

The Greater Manchester Pension Fund (GMPF) has acquired a London-based care home for £14.2m, in partnership with the Schroders Capital real estate team.

The acquisition of the 59-bed Sherwood Grange care home in Kingston-upon-Thames marks the fifth acquisition for the Local Government Pension Scheme (LGPS) in the last 12 months, bringing total inve...

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