The sale includes all of Aperee's facilities in Cork.
Aperee Living which operates seven nursing homes in Ireland including Cork has been sold to a group of Irish investors with a track record in managing and operating facilities.
The deal includes Belgooly as well as the partially completed site in Glanmire and the Rochestown site which has full planning for a 100 bed nursing home and 47 independent living units.
A consortium led by Paul Kingston who has 25 years in the nursing home sector has bought the Aperee portfolio.
It is expected that the sale will enhance the care of residents while driving new standards and improving facilities.
Discussing the takeover, Paul Kingston said “We are fully committed to providing the highest standards of care to all residents at the nursing homes we have acquired, prioritising excellent clinical support, dedicated personal care, companionship, daily activities and community events. We are very much looking forward to engaging with all our Directors of Nursing and their clinical teams, as well as meeting with residents and their families to ensure we deliver a best in class service in the nursing home sector.”
Commenting on the sale, outgoing Director / Shareholder of Aperee Living David O’Shea said: “I am delighted to see the finalisation of this acquisition, which I believe will bring stability and growth to Aperee Living going forward. I would like to take this opportunity to wish Paul and the consortium all the best.”
