Omega Healthcare Investors Expands UK Portfolio With 615 Million Pound Acquisition
U.S. REIT Omega Healthcare Investors has partnered with Foundation Partners to acquire British care home operator Runwood Homes for 615 million pounds. According to Bisnow, the deal adds 55 facilities to a growing UK platform, signaling a long-term commitment to the region’s senior housing market through a newly established operating entity.
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Context from Industry Pulse
The acquisition of Runwood Homes by Omega Healthcare Investors and Foundation Partners reflects a broader trend of institutional capital targeting the UK senior housing sector. Omega has steadily increased its UK presence over several years, growing its regional portfolio from 300 to over 350 facilities through this single deal. Foundation Partners has also been aggressive in this space, managing six different operating platforms before this latest venture. This move coincides with a volatile period in US and UK real estate, where large-scale portfolio sales, such as the 3 billion dollar Southern California industrial deals mentioned in recent reporting, indicate that major REITs and investment firms are prioritizing scale and long-term stability in specialized asset classes.
The acquisition of Runwood Homes marks a significant expansion for Omega Healthcare Investors, adding 3,930 registered beds to its international footprint. According to Bisnow, the U.S.-based real estate investment trust worked alongside Foundation Partners to finalize the 615 million pound transaction. This purchase brings the total count of Omega’s UK holdings to more than 350 facilities, building upon a global portfolio that already encompasses approximately 1,100 care locations.
To manage the newly acquired assets, the partners have launched Evera Living, a dedicated care platform. Bisnow reports that the new entity will be led by CEO John Forrest, a former chief operating officer at Spire Healthcare. Joining the leadership team as COO is Vishul Seewoolall, who previously held executive roles at Signature Care and Bupa. This leadership structure is intended to support the business as it transitions from its 40-year history under founder Gordon Sanders into a larger corporate framework.
Foundation Partners brings a decade of experience in the sector to the deal, having invested roughly 750 million pounds in healthcare since its inception. Bisnow notes that the firm’s previous portfolio included more than 70 homes and 3,000 beds through various operating platforms such as Hartford Care and Select Healthcare. The current collaboration with Omega is designed to be a multi-service care platform with a focus on long-term stability rather than a rapid exit strategy.
Knight Frank served as the advisor for the sale of Runwood Homes, which had grown into one of the largest elderly care operators in the UK. The investors have indicated that they are not finished with their expansion in the British market. As Bisnow reports, the partnership is actively targeting further acquisitions to build a multinational platform capable of providing diverse care services across the country.
The Industry Pulse Bottom Line
Omega Healthcare’s massive UK expansion demonstrates that institutional investors are moving beyond domestic borders to find stability in senior housing, leveraging established operating platforms to secure long-term returns in the healthcare real estate market.