LNT Care Developments seeks investment to spur growth
LNT Group has appointed Goldman Sachs to secure external investors in its care home development business.
The company said the investment would enable LNT Care Developments to boost its pipeline substantially in the medium term.
“LNT Care Developments is seeking investment in order to substantially ramp up its production over the next five years to meet demand in the post Covid world,” it said in a statement.
"Our goal is to build over 30 well designed and future-proofed care homes in the UK each year by 2025.”
LNT Group added: “We believe modern, purpose-built care homes are a key social mission for our company as everyone deserves care facilities which are environmentally sustainable.”
Since 2009, LNT Care Developments has built over 100 new care homes in the UK.