Appointment to Landlord Committee on Southern Cross breakup
Vector has been appointed to the Landlord Committee to represent landlords of over 60 Southern Cross homes. They join representatives from NHP, Four Seasons, London & Regional and Grant Thornton which make up around 75% of all landlords within the Group.
Two Balhousie sale and leasebacks complete
In October 2011, Vector successfully completed the sale of two new build care homes in Dundee and Cooper Angus on behalf of Balhousie Care. Over £7.1m was generated from the sales, let on 30 year leases at a rent of over £566k.