CAIRDEAN HOUSE, EDINBURGH

Background

As part of its £200 million Ivy Investment Programme, Rynda Healthcare LLP has advised Ivy Care Homes on its acquisition of Cairdean House in Edinburgh.

Asset description

The home of 90 bedrooms provides residential, dementia and nursing care for the older community. This modern facility has a hair and beauty salon, coffee shop and cinema, with lovely gardens and outdoor terrace areas.

Cairdean House is leased to Care UK, an award-winning residential care provider for older people.

Business plan

Rynda has been appointed to asset manage the property to enhance its value and maintain an annual distributable surplus for Ivy Care Homes.

CAIRDEAN HOUSE, EDINBURGH