McCarthy Stone gets 200 million pounds financing to boost retirement home supply By Reuters

© Reuters.

(Reuters) – Infrastructure investors John Laing Group and Macquarie Capital will invest 200 million pounds ($274.76 million) in retirement living homes developed by McCarthy Stone, the companies said on Thursday.

McCarthy Stone said the investment would aid the retirement community developer to expand its rental service to a growing ageing population, helping meet the under-supply of such housing.

($1 = 0.7279 pounds)

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