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Bridges fund sells two care homes to Octopus Healthcare for £20.5m
The CarePlaces Fund, a specialist healthcare property fund managed by Bridges Ventures and Castleoak, has agreed to sell two care homes to Octopus Healthcare (formerly MedicX) for £20.5m. The sale price reflects a net initial yield of 5.4%. This sale represents the fourth and fifth realisations from CarePlaces, following the…