For more information on RM Community Healthcare Strategy, please contact:
James Satterthwaite
Head of Distribution
+44 (0) 131 603 7068
email James
James Robson
Chief Investment Officer
+44 (0) 131 603 7069
email James
To acquire freeholds let to dental operators offering real estate ownership combined with high quality, long dated cashflows. This subsector of healthcare we believe is extremely hard for institutional investors to access and RM believes it offers attractive risk adjusted returns compared to other healthcare assets available in the public markets.
RM is acquiring freehold assets let to dental operators across the UK.
Dental services are critical components of community healthcare with an excellent chain of covenant with diversified portfolios of private pay customers or NHS income.
There is a highly fragmented and granular market of over 12,500 dentists within the UK offering attractive room to grow the portfolio across a geographically wide area.
RM seek to offer investors high quality, long dated income streams combined with a granular freehold property portfolio by investing in freehold properties leased to dental surgeries.
Freehold dental investments offer long dated, visible and high quality income streams. Dental operators seeking a sale and leaseback of their dental surgeries should contact the RM team directly.
Case studies:
Worcester, Worcestershire : Bupa Dental Care, Acquired December 2022
Let to a subsidiary of BUPA until 2029.
Dental freehold investment opportunity.
Dental investment.
Taunton: {my} orthodontist: part of {my dentist} – acquired April 2022.
Let to Orthoworld 2000 on a new 10 year lease from Sept 2021. Low passing rent of £11.28 per square foot.
Ground rent income from 8 flats.
The accommodation forms a substantial part of a four storey building fronting The Crescent, with secondary
access via Upper High Street. The original listed building was extended in the 1980s and now provides
a mixture of residential flats and a dental surgery together with staff facilities.
Dental freehold investment opportunity.
Dental investment.
Egremont, Cumbria: Bupa Dental Care Acquired August 2022
Let to a subsidiary of BUPA for 15 years since 2009, the lease is due to be renewed and it is expected that the rent will be re-negtiated higher and the lease extended.
Dental freehold investment opportunity.
Dental investment.
James Satterthwaite
Head of Distribution
James has been working at RM since 2010, and heads up the firms distribution function. Having significant experience in the fixed income and credit space, James is ideally suited to understand the needs of the income investor.
Previous to this James worked at Barclays Capital, serving institutional fixed income investors with access to primary and secondary market investment opportunities.
David Watts
Fund Distribution
David is responsible for introducing the RM Funds products to institutional investors with a focus on the IFA network. Previous to this, David has had extensive experience in working with the origination team to source high quality opportunities requiring debt funding so has a keen understanding of the debt investments within RM Secured. He has 4 years of Corporate Tax Experience with HMRC and 2 years of relationship management, currency and debt product experience with RM Capital. David holds a degree with honours in English Literature and Journalism.