Quantum is delighted to have entered into a £250 million strategic development partnership with Welltower Inc. to facilitate the delivery of long term care excellence and deliver solutions to the elderly through Quantum’s care business, Encore Care Homes.
The partnership perfectly aligns our organisations’ belief that by placing customer needs at the heart of our businesses, we can create life-affirming places to take care of the generations which hitherto cared for us, whilst delivering long-term economic value and growth.
The partnership will leverage Welltower’s global scale and expertise with Quantum’s regional knowledge, development experience and operational excellence to deliver safe and secure returns through a commitment to the long-term creation of new, first class healthcare communities.
Growing demand, driven by an ageing population and the current shortage of quality elderly care facilities provides a remarkable opportunity. Quantum is unique in having developed elderly healthcare properties in joint venture with the NHS. The Quantum-Welltower partnership will bolster the delivery of new care homes across the South of England and make a worthwhile contribution to solving the UK’s elderly care crisis.