Five ex-Aperee nursing homes to be sold for excess €9m

Receiver Gerard Murphy selling troubled ex-Aperee nursing homes in Bantry, Belgooly and Conna in Cork, as well as others in Ballinasloe, Galway, and Callan, Kilkenny via agents Cohalan Downing

Bantry is one of the five former Aperee run nursing homes, totalling over 270 beds and expected to top €9m via agents Cohalan Downing

Wed, 02 Oct, 2024 - 19:30

Property Editor Tommy Barker reports

FIVE nursing homes previously owned and operated by Aperee Living and able to accommodate 270 residents, part of the Cork-based BlackBee Group, are being sold for excess €9m combined on behalf of a receiver, with proceeds to flow back to investors.

Interest is primarily expected from operators in the elder-care sector, who may cherry-pick from the five offered for appointed receiver Gerard Murphy.