Anchor secures its future by acquiring two new care homes

Anchor, England’s largest not-for-profit provider of care and housing for older people, has announced a further expansion of its care home portfolio.

The provider has exchanged contracts with Hadrian Healthcare to provide two new freehold residential care homes in Yorkshire. The homes - The Manor House in Roundhay and The Mill House in Skipton - are currently under construction and due to become operational in April 2023 and June 2024 respectively.

The move follows Anchor’s July acquisition of the entire share capital of Halcyon Care Homes Topco Limited, consisting of 11 purpose-built residential care homes in the East Midlands and the South of England. In all, Anchor has now expanded its portfolio from 114 to 127 homes.

Anchor chief executive Sarah Jones said: “Hadrian Healthcare is a well-known name in the sector for the development and construction of high-quality, purpose-built residential care homes, and these two homes will add to the five homes we acquired from them in 2019.

“We’ve set out a clear strategy for growth in our business plan, and this latest announcement shows how we’re realising those aspirations to provide more homes where people love living in later life, and to create more opportunities for people to find a fulfilling career working in the social care sector.

“I’m also delighted that Anchor will continue to set high standards in terms of operating sustainable and energy-efficient homes, with these new additions being built to an Energy Performance Certificate A rating standard, including energy efficient measures to retain and recover heat while maintaining high levels of internal air quality and generating renewable energy onsite through solar photovoltaic panels”

Ian Watson, chairman of Hadrian Healthcare Group, added: “We are delighted to have agreed this sale of two of our newest care home schemes to Anchor Hanover Group.

Hadrian Healthcare continues to raise the standards of care and accommodation for older people and we know our friends at Anchor Hanover share this commitment and focus”.

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