The Merlin Secure Yielding Care Home Fund
We would like to direct you to the latest announcement on The International Stock Exchange page for Merlin, confirming the successful negotiation of the sale of the three remaining property assets to E.A.G.A SL, a Spanish Group specialising in the operation and development of residential care homes, and part of the same group as the current operator/tenant of the homes in question.
The signature of the Share Purchase Agreement on the 8th February 2019, which governs the transfer of the holding of the Fund over to the buyers, concludes a protracted and complicated period of negotiation which took place over approximately 9 months.
To read the full announcement, please click here