The acquisition comprises the management of 20 sites, with a total of 577 individual apartments.
The national not-for-profit housing provider will use this acquisition to increase its property portfolio to over 20,700 apartments across England.
“Housing & Care 21 [is] delighted to be acquiring Goldsborough Estates Limited from Bupa and we are committed to providing the leaseholders and residents of the properties they manage with a quality service,” said Bruce Moore, chief executive at Housing & Care 21.
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“This acquisition fits well alongside Housing & Care 21’s existing leasehold management service and we will ensure we continue to provide an effective and responsive service to all residents.”
Housing & Care 21 has over 50 years of experience, and a commitment to providing contemporary retirement housing and extra care services to older people of modest means.
Joan Elliott, managing director at Bupa Care Services, added: “Housing & Care 21 shares our commitment to customers, residents and employees alike, as well as our dedication to high-quality customer service.
“We’ve worked closely with the new owners to ensure a smooth transition for residents and colleagues alike.”