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

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.