Real estate services firm Cushman & Wakefield has appointed Peter Farnes as a partner in its UK healthcare team
Real estateOctopus Real Estate: Michael Toft
Real estate lender and investor Octopus Real Estate has appointed https://healthinvestor.co.uk/wp-content/uploads/2021/11/logo-social-1-2.png Toft as senior fund manager in its care home fund management team, responsible for day-to-day management.
Toft has more than 20 years’ real estate experience and joins from Lothbury Investment Management, where he spent over a decade as an executive director and senior fund manager, managing institutional real estate funds, implementing a growth strategy and expanding the flagship fund by more than threefold. Toft is also a is a member of The Association of Real Estate Funds’ environmental, social and corporate governance and impact investing committee.
Octopus Real Estate’s care homes team currently manages a portfolio of 77 modern, purpose-built homes, including 13 properties under construction, with a market value of more than £900 million.
Benjamin Davis, chief executive at Octopus Real Estate, said: “I am pleased to welcome https://healthinvestor.co.uk/wp-content/uploads/2021/11/logo-social-1-2.png to the team. Having firmly established ourselves as a market leader in healthcare real estate, https://healthinvestor.co.uk/wp-content/uploads/2021/11/logo-social-1-2.png’s wealth of experience will enable us to continue growing our portfolio of vital high-quality care homes and create opportunities for investors and operators in a market that remains significantly undersupplied.”
Toft added: “I’m incredibly excited to be joining Octopus Real Estate and more specifically the growing care home team, which I consider to be a dynamic sector leader. I look forward to working with such talented specialists and helping to expand its portfolio of purpose-built care homes – all while maintaining a strong return record for investors and having a positive, measurable impact on society.”
Latest Executive Moves
Florence, the London-based tech startup that connects vacant care home shifts to local nurses and carers, has appointed Ross Burton as NHS managing director.
TechnologySpecialist eye hospital group Optegra has appointed Chris Chisholm as clinical services director.
Opthalmology