Browne Jacobson advises Charterpoint on sale of 73-bed care home site
Browne Jacobson has successfully advised Nottingham based developer Charterpoint on the sale of a 1.2 acre care home development site in Thurnby (Leicestershire) to care home operator Cinnamon.
Browne Jacobson has successfully advised Nottingham based developer Charterpoint on the sale of a 1.2 acre care home development site in Thurnby (Leicestershire) to care home operator Cinnamon.
The Browne Jacobson team was led by Kassra Powles, supported by Melanie Hilton (banking), Katie Briggs (property) and Rebecca Burge (tax).
The site will be used for the construction of a 73-residential care home including resident lounges, dining and relaxation areas, a cinema room, hair and beauty facilities, café and private dining, terraces and landscaped gardens and a number of electric car charging points.
Charterpoint is a Nottingham based property development company specialising in the design and delivery of high quality sustainable homes for older people, including care homes, independent and assisted living accommodation.
Charterpoint MD Giles Nursey said: “This first-class scheme will create an attractive care home for the area, which we identified as having a shortfall in purpose-built care home provision. It will also provide important local job opportunities. As an East Midlands-based senior living developer, Charterpoint is delighted to have sold the scheme to Cinnamon who will now take it forward to the development stage.”
Real estate senior associate Kassra Powles, added: “We are delighted to have advised on the sale of the site to Cinnamon and is the latest in a series of recent deals we have advised Charterpoint on in the care sector.
“This deal is an indication of the strong investor appetite and demand, particularly for high end care homes. As such we are optimistic that the resurgence in the healthcare development market will continue into the second half of 2022.”
Discover more
Related expertise
You may be interested in...
Training
Mock inquest training course
Legal Update
Employment Healthcare Briefing: December 2024
Press Release
Comment on Older People's Housing Preferences report
Legal Update
Walking the fine line: The statutory duty of candour and insurance
Legal Update - Maternity services
Improving maternity safety: Insights from MNSI’s annual recommendation report
Legal Update
How the Regulatory Innovation Office could stir up the food and drink sector
Legal Update
Navigating workplace sexual harassment laws during the festive season
Legal Update
Navigating the new 'Failure to Prevent Fraud' Offence: What organisations need to know
Press Release
Comments on new MHRA clinical trial regulations
Online Event - Shared Insights
Shared Insights: Coroner's Question Time
Online Event - Shared Insights
Shared Insights: Duty of Candour
Opinion
Revolutionising the Workforce: Impact of Get Britain Working White Paper
Online Event - Shared Insights
Shared Insights: Rising to health and care challenges and opportunities of 2025
Legal Update - Maternity services
University Hospitals of Derby and Burton NHS Foundation Trust invest in telemetry to improve maternity care and patient experience in labour
Legal Update
The new Mental Health Bill 2025: A closer look at its key provisions
Opinion - Shared Insights
Browne Jacobson submits recommendations and proposals to the government for England’s 10 Year Health Plan
Press Release
Browne Jacobson advises Oxford City Council on Barton Park affordable housing deal
Legal Update - Maternity services
Informed consent and caesarean birth: RCOG launches new obstetrics animation
Opinion
Key findings from the call for evidence on the statutory duty of candour
Press Release
Comment on Older People's Housing Taskforce report
Legal Update
Technology trends in the food and drink sector: Consumer targeting technologies
Press Release
Browne Jacobson and NHS Transformation Unit explore provider group models in new report
Legal Update
Know your dispute resolution clauses: Key take-aways from Kajima v Children’s Ark and Lancashire Schools v Lendlease
Legal Update
Expanding your private patients unit roundtable
Opinion
Duty of candour and patient safety incidents: Proposed amendments to CQC Regulations
Opinion
Law Commission initial consultation published on reforming Part 2 of the Landlord and Tenant Act 1954
Legal Update
Building an inclusive workplace: Strategies for attracting and retaining disabled talent
Press Release
Browne Jacobson advises Clean Power Hydrogen on global IP licence agreement
On-Demand - Shared Insights
Shared Insights: CQC enforcement and prosecution in the health and care sector
Legal Update
Roundtable report: Community engagement in high street regeneration
Legal Update - Maternity services
MNSI annual report 2023/24: Key insights and future ambitions for maternity safety
Opinion
New Mental Health Bill to be introduced in Parliament
Opinion - Maternity services
Enhancing care for women with ectopic pregnancies: Insights from MBRRACE-UK
Legal Update
CJEU confirms that copyright law is the same for all claimants
Legal Update
EasyGroup proceedings defeated by jurisdictional challenge
Guide
Guide to inquests for mental health patients
Legal Update
Ozempic: The rising costs and coverage issues of weight loss medication
Legal Update - Building Safety Act
The Building Safety Act 2022: Managing risks for private equity investors and acquirers
Legal Update
ABC pilot: Improving maternity safety to prevent brain injuries in childbirth
