Maria Mallaband - Senior Protfolio
[Part of the UK Social Infrastructure Investment Portfolio]
In the second quarter of 2013, Tadhamon Capital introduces a joint-venture with Maria Mallaband Care Group (MMCG) forward fund the development of care homes for dementia, nursing and residential care, targeting the private pay market in the wealthy “Home Counties” of the South East. To date three homes have commenced developing at total value of £22million. Upon reached completion of the date, each will be pre-let to Maria Mallaband Care Group (“MMCG”) on a 35 year FRI lease with RPI linked annual rent uplifts cap and collared at 2.5% and 5%.