An artist’s impression of the new care home

Elevation Advisors LLP has announced that its real estate fund, Elevation Healthcare Properties, has completed the acquisition of land and agreed forward funding to support the development of a care home in Havant, with Anavo Group as developer and operator.

Once completed, the home will be let on a long-term lease with RPI-linked escalator with cap and collar to Anavo, a new operator relationship for EHP.

The development is a 78-bed care home in Havant, Hampshire, an attractive coastal town with a large catchment area and an undersupply of quality care beds.

The home, set to open in late 2026, has been designed to a high specification to enhance the wellbeing of residents, relatives, and staff, and will have wetroom ensuites throughout and amenities including a community accessible ‘Anavo Club’ space, café/bistro, and a family games room.

Anavo, established in 2019, is a rapidly-growing care home developer and operator with 14 operating care homes across Scotland and England.

With a focus on high-quality, collaborative care accessible to all, Anavo provides residential, nursing, specialist dementia, and short-stay care.

The Havant home has been designed to a high specification with an emphasis placed on environmental performance.

The developments will achieve an EPC ‘A’ rating focusing on the eradication of fossil fuels to also deliver operational carbon reductions with an all-electric power supply comprising air source heat pumps and the inclusion of photovoltaic solar panels and EV car chargers.

It is anticipated that the home will achieve a BREEAM New Construction rating of ‘Excellent’ and a BREEAM In-Use rating of ‘Excellent’ on completion and will meet the latest regulations in terms of fire safety sprinkler systems.

Furthermore, the site proposes significate biodiversity net gain through delivery of a high level of green and outdoor space including the retention of trees on three borders to preserve natural habitats and provide natural shading.

Edward Moore, sirector at Anavo, said: “This is a very-exciting project for Anavo and one that delivers on our ambition to deliver best-in-class care accommodation with a commitment to sustainability and local community integration.”

James Giles, investment director at Elevation, adds: “We are delighted to begin our partnership with Anavo, adding this top-specification care home into the portfolio as we continue deployment in EHP.

“We carefully select operating partners which are proven to create best-in-class care home environments, have an excellent record in care, and can evidence a positive impact on their respective local communities and we are delighted to welcome Anavo into the EHP portfolio and fulfil the market need for care homes which are built for longevity and make a positive impact on their wider communities.”