05/03/2026
Elevation Healthcare Properties (“EHP”), a specialist private open-ended healthcare REIT focused on UK needs-based senior housing, confirms that a new institutional commitment has been made to EHP, following its transition to a unitised structure in Q2 2025. This investment from a global pension fund underscores continued confidence in UK real estate and supports the fund’s commitment to meet demand for modern, purpose-built accommodation for the senior market.
EHP, advised by Elevation Advisors LLP (“Elevation”), reported a 2025 year-end GAV of £857m and £940m including undrawn equity, adding a milestone 50th care home to its portfolio in Q4 2025. Following a subsequent completion in the early weeks of Q1 2026, the portfolio now comprises 51 care homes with 3,485 beds, tenanted with triple net leases to 14 top-tier national and regional operators.
James Giles, Investment Director at Elevation said: “We are excited to welcome a new investor to EHP, moving the fund into its next phase of growth. We are celebrating a significant achievement of growing the portfolio to over 50 assets, helping to address the structural undersupply of senior care accommodation in the UK. The continued deployment of institutional capital combined with a strong pipeline of new opportunities is testament to the alignment between EHP’s strategy and its investors and stakeholders.”
Of the current beds owned by the fund, 46% have been newly developed by EHP or undergone significant refurbishment to ensure high-quality environments that enhance the resident experience, and 92% of all beds have wet-room ensuites which provide the comfort of a private shower (compared to a market average of approximately 32%). All leases have annual escalators with floor and cap, and the Q4 WAULT is 31.5 years.
EHP partners with operators who have an excellent record in providing needs-based care services to the senior market and can evidence a strong connection to its communities. The modern, purpose-built portfolio is designed to meet evolving environmental standards and 100% of operational assets have achieved a BREEAM In-Use rating of ‘Good’ and ‘Excellent’. In addition, since July 2023, 100% of new or amended leases have included Elevation’s proprietary enhanced Green & Social Lease Clauses to drive community engagement and enhanced wellbeing.
Beyond the near-term deals in execution supported by this latest funding round, EHP has ambition to continue its expansion and has a strong pipeline to acquire or develop on a pre-let forward-fund basis new residential care homes with similar specifications.
Additional Investment and Real Estate Highlights for H2 2025:
Disclaimer
This press release is issued by Elevation Advisors LLP, which is authorised and regulated by the Financial Conduct Authority. The information contained herein is provided for informational purposes only and does not constitute investment advice, an offer to buy or sell any financial instrument, or a solicitation of any kind. Past performance is not a reliable indicator of future results. Any forward-looking statements or projections are based on current assumptions and subject to risks and uncertainties that may cause actual outcomes to differ materially. This communication is intended solely for professional clients and eligible counterparties as defined by the FCA. It is not directed at retail clients and should not be relied upon by any person who does not meet the criteria for professional client classification. Investments may involve significant risk, including the potential loss of capital. Recipients should seek independent financial advice before making any investment decisions. While reasonable care has been taken to ensure the accuracy of the information provided, Elevation Advisors LLP makes no representation or warranty as to its completeness or reliability and accepts no liability for any loss arising from reliance on it.