This article is from the Australian Property Journal archive
NON profit Catholic residential aged care provider MercyCare has expanded its portfolio with the acquisition of four Belrose Care facilities.
MercyCare will assume ownership and management of four Belrose sites at Joondalup, Kelmscott, Maddington and Rockingham.
The facilities will add to MercyCare’s existing residential aged care facility at Wembley, which MercyCare, and previously the Sisters of Mercy, have operated for almost 40 years.
The purchase will increase MercyCare’s resident numbers from 113 to 500, with MercyCare’s total staff base growing immediately from approximately 700 to more than 1,000.
CEO Chris Hall said MercyCare intends to invest in and refurbish the four sites to enhance and expand the existing facilities and services.
“We are already in the process of undertaking a major refurbishment of our existing facility at Wembley, so we have very recent and ongoing experience in managing extensive capital works projects in an aged care setting,” he said.
Hall added that the acquisition was a key achievement in MercyCare’s current strategic plan; to grow, develop and integrate residential aged care services.
Australian Property Journal